Black & Veatch Launches BPO Organization Serving Providers of Water, Wastewater and Power Services
Monadnock Research - 19 October 2009
OVERLAND PARK, Kansas - Black & Veatch is extending its capabilities in the water, wastewater, and power industries by launching infraManagement Group (iMG). iMG assists owners in the management of assets, and supports non-utility owners of energy and water operations -- such as financial institutions, airports, colleges and industrial users. Core services offered by iMG include:
- Capital planning and prioritization, including feasibility studies, strategic planning support, major maintenance work planning, and capital improvement work planning
- Operations and maintenance, including day-to-day operations and maintenance, overall optimization, performance reporting, asset condition and system health monitoring, training, and safety and security.
- Finance and accounting, including preparation and monitoring of capital and operational budgets, and monthly, quarterly and annual reporting.
- Business support services, including purchasing and inventory management and optimization, human resource management, accounts receivable, accounts payable, fleet management, and information technology management.
- Major project execution, including project scope development, vendor screening and selection, tender package development, bid analysis, design approval, project management and performance monitoring, and contract administration.
- Regulatory compliance and reporting, including Environmental compliance and management, Compliance with changing regulatory requirements, and rate design.
- Communication services, including asset performance, market condition and changes, customer inputs, Regulatory changes, and other significant matters.
"iMG clients benefit from our deep technical and asset management experience in the water and electricity generation industries, which Black & Veatch has served for more than 90 years," said iMG President, Rodger Smith. "Our services help plant asset owners respond to a range of challenges by reducing business risk, improving plant efficiency and, where appropriate, supporting the monetization of their facilities to raise cash for other community purposes."Black & Veatch was founded in 1915 and is a leading provider of engineering, advisory, construction, and management consulting services for infrastructure development in energy, water, telecommunications, federal, and environmental markets. The firm's services include conceptual and preliminary engineering, design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting, and infrastructure planning. B&V is an employee-owned company and had $3.2 billion in 2008 revenues. It has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents. iMG is focused on the management of electric, water and wastewater assets throughout their lifecycle. The firm works with municipalities, non-utility owners, and private infrastructure investors to optimize the performance of their assets, including maximizing financial performance, reducing business risk, and creating sustainable, environmentally responsible operations. BV release
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