The City of Atlanta’s Department of Watershed Management has awarded Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU) two contracts with a combined value of $15.9 million for the rehabilitation of sewer pipes in Atlanta neighborhoods as part of the City’s Clean Water Atlanta Program.
Jim Newkirk, General Manager for Insituform’s East Region, noted, “Insituform has rehabilitated approximately 150 miles of sewer pipelines for the City of Atlanta since 1989. We have dedicated resources to the City in order to help them meet the demands of its Clean Water Atlanta Program.” As the general contractor on this project, Insituform will utilize local minority contractors for various aspects of this project.
The project will rehabilitate over 65,000 ft of small diameter sanitary sewers across the Atlanta area. Work on this project is expected to begin in January 2010 and take approximately fifteen months to complete.
“The Department of Watershed is tasked through the Clean Water Atlanta Program to rehabilitate hundreds of miles of sewer. These two contracts play an integral role in helping the City of Atlanta meet its goals and control the expenses of the system overhaul so those costs are not passed on to Atlanta residents,” said Newkirk. “We are prepared to proceed immediately and look forward to working with the City on these contracts.”
Referring to the City’s efforts to comply with U.S. EPA Consent Decree mandates for Atlanta’s water systems, Mayor Shirley Franklin of Atlanta recently said, “Hundreds of dedicated employees and experienced professionals [work] to ensure that the City’s Clean Water Program meets federal standards and that the City fulfills its obligations to repair and upgrade our century old water/sewer system. I am extraordinarily proud of the City’s commitment to Clean Water and to its management of this complex $4 billion program.”
The Insituform® CIPP process is Insituform’s core technology and an affordable solution used to reduce infiltration, restore structural integrity and increase flow capacity.