Capital Improvement Programs – Capital Improvement Programs (CIP) are a planning and budgeting tool that provides information about a water system infrastructure needs. It identifies requirements for replacing and rehabilitating the facilities and infrastructure that support water supply and any new transmission lines that may be necessary.
Capital Improvement Programs (CIP) serve as a comprehensive road map to achieve capital replacements and preventive maintenance for the benefit of public water customers. The program identifies the work to be performed. CIP updates are integral to sound financial planning. It also prioritizes and schedules the projects for funding and implementation through a multi-year plan normally 20 years.
CIP Objectives – Overall objectives of the CIP include:
• Appropriate replacement of aging and at-capacity water facilities/condition assessment.
• Ensuring safe and reliable water facilities.
• Compliance with regulatory mandates.