Jacobs Solutions Inc. · NYSE:J

Jacobs Solutions — In the kNOW Webinar Series (May 2021)

28 slides from Jacobs Solutions's conference presentation, May 12, 2021

  1. Slide 1: Planning for Recovery: Maximizing the Value of Federal Stimulus Funding

    Planning for Recovery: Maximizing the Value of Federal Stimulus Funding In the kNOW Webinar Series May 12, 2021

  2. Slide 2: Agenda

    Agenda  Russell Ford, Drinking Water & Reuse Global Solutions  Matt Chiller, Jacobs Vice President for Government Relations  Tommy Holmes, Legislative Director, American Water Works Association  Mike Matichich, Lead for Jacobs Financial Services Consulting Team  Lisa Tarufelli, Finance Administ

  3. Slide 3: The Infrastructure Stimulus: An Overview

    The Infrastructure Stimulus: An Overview Matt Chiller Jacobs

  4. Slide 4: Water, Resilience & Remediation

    Water, Resilience & Remediation Climate Highlights Federal Funding for Drinking Water & Wastewater  $50b on Resilience Current Baseline Biden Senate House Senate − BRIC (FEMA), CDBG (annual Plan GOP Dems bipart (HUD) and new billions) programs at USDOT 2.4 in 2022 Drinking 2.75 in 2023  $16b to pl

  5. Slide 5: Surface Transportation – Broadband – Electrical Grid

    Surface Transportation – Broadband – Electrical Grid FAST Act Reauthorization Highlights Current Baseline Senate GOP Biden Plan  $175b on Electric Vehicles + charging stations (in billions) − Grants & tax incentive programs − Electrify the federal fleet (DoD, USPS) Roads and Bridges 260.5 299.0 383

  6. Slide 6: Advanced Facilities – Education – Federal Buildings

    Advanced Facilities – Education – Federal Buildings Advanced Facilities  $50b on National Science Foundation tech directorate − Semiconductors, energy, biotech, computing tech  $30b on Advanced Tech R&D  $40b on Lab Infrastructure  $35b on ARPA-C to study climate resilience  $20b on Climate R&D

  7. Slide 7: What are the Fundamental Themes?

    What are the Fundamental Themes?  Reducing Impacts of Climate Change  Environmental Justice  Electrification of Transportation Sector  State DOT certainty & better funding  Transit & Amtrak  Clean Water & Drinking Water SRF Programs 7 ©Jacobs 2021

  8. Slide 8: Water Sector Interactions with Capitol Hill during the Pandemic

    Water Sector Interactions with Capitol Hill during the Pandemic Tommy Holmes American Water Works Association

  9. Slide 9: Working with Congress on Pandemic Relief

    Working with Congress on Pandemic Relief  Heard from utility members about revenue declines – Varied with customer base of given utility  AWWA, AMWA commissioned study by Raftelis – Revenues forecast to fall by $14 billion – Cost US $32.7 billion in economic activity  AWWA, others issued alerts t

  10. Slide 10: Working with Congress on Pandemic Relief

    Working with Congress on Pandemic Relief Results:  Omnibus budget bill Dec. 2020 – $638 million to help low-income water customers  Administered by HHS  American Rescue Plan – Another $500 million for low-income customers – $130 billion for Coronavirus Local Fiscal Recovery Fund  Administered by

  11. Slide 11: Working with Congress on Infrastructure Bills

    Working with Congress on Infrastructure Bills  Been preaching need to invest in water infrastructure for decade-plus  With pandemic, job creation aspect getting more attention  Regular conference calls with staff of Senate Environment & Public Works – Result was S. 914; passed Senate 89-2  More

  12. Slide 12: Tommy Holmes, Legislative Director, American Water Works Assn.

    Tommy Holmes Legislative Director American Water Works Assn. [email protected] 12 ©Jacobs 2021

  13. Slide 13: What Utilities Can do to Maximize Benefits from the Federal Stimulus Funding

    What Utilities Can do to Maximize Benefits from the Federal Stimulus Funding Mike Matichich Jacobs

  14. Slide 14: Engaging proactively with internal and external stakeholders

    Taking best advantage of the federal stimulus funding will involve engaging proactively with both internal and external stakeholders. This segment addresses:  Activities utilities can undertake immediately  Activities that should be undertaken after the American Jobs Plan Act is signed into law 14

  15. Slide 15: Activities that can start immediately

    Activities that can start immediately  Explore opportunities to secure funding from your local governments from the American Rescue Plan Act  Continue help to low-income customers in qualifying for financial assistance  Revisit your capital project prioritization  Develop SRF program application

  16. Slide 16: Scenario analysis to identify capacity to move forward with capital projects

    Working through a scenario analysis can help to identify your agency’s capacity to move forward with your backlog of capital projects and operating initiatives External Drivers Slow Transition Mid-range Recovery Rapid Recovery Access to Federal Access to federal dollars is slower and at Access to re

  17. Slide 17: After the American Jobs Plan Act is Signed

    After the American Jobs Plan Act is Signed  Review the final executed legislation for unexpected pockets of applicable funding  Apply for any specific new grant and loan programs that are created for which your projects are strong candidates  Look for opportunities to leverage new federal stimulu

  18. Slide 18: Embed environmental justice and High Road values into capital programs

    Look for opportunities to embed environmental justice and other High Road values into capital programs enabled by federal stimulus funding 18 ©Jacobs 2021

  19. Slide 19: Upgrades in program management capabilities may be needed

    Upgrades in program management capabilities may be needed to enable moving forward more rapidly with your capital program. 19 ©Jacobs 2021

  20. Slide 20: In sum, the federal stimulus legislation presents a great opportunity

    In sum, the federal stimulus  There are some steps utilities can take immediately legislation presents a great opportunity to support  There are some additional steps that will follow when water agencies in advancing the Jobs Plan Act is signed into law key projects and programs,  Much of this ef

  21. Slide 21: Mike Matichich, Financial Services Consulting Lead

    Mike Matichich Financial Services Consulting Lead [email protected] 21 ©Jacobs 2021

  22. Slide 22: Federal Funding and Planning for Capital Programs and Operating Initiatives

    Federal Funding and Planning for Capital Programs and Operating Initiatives Lisa Tarufelli Salt Lake City Public Utilities

  23. Slide 23: Salt Lake City Department of Public Utilities

    Salt Lake City Department of Public Utilities  Responsible for water, sewer, stormwater and streetlighting  Historically capital improvements funded by revenue bonds and pay as you go  Utilizing Water Infrastructure Finance and Innovation Act (WIFIA) loan to partially fund reconstruction of water

  24. Slide 24: Salt Lake City Public Utilities Capital Planning

    Salt Lake City Public Utilities Capital Planning  Asset management program to assess infrastructure – condition and criticality  Budget priority is rehabilitation and replacement of aging infrastructure  Systems are expanding in response to growth  FY22 identified needs exceed available funds 

  25. Slide 25: Salt Lake City Public Utilities Federal Funding Opportunities

    Salt Lake City Public Utilities Federal Funding Opportunities  Identify key projects that meet preliminary guidelines and timing of various funding sources  Strategy is required to leverage projects that could be potentially matched by other funding sources Challenges:  Competing with other City

  26. Slide 26: Question / Answer

    Question / Answer 26 ©Jacobs 2021

  27. Slide 27: Thank You

    yvacobs inoyfea

  28. Slide 28: Copyright Notice

    Copyright Notice Important The material in this presentation has been prepared by Jacobs®. ©2020 Jacobs Engineering Group Inc. All rights reserved. This presentation is protected by U.S. and International copyright laws. Reproduction and redistribution without written permission is prohibited. Jacob

Jacobs Solutions — In the kNOW Webinar Series (May 2021) on 6ix