COMMENT: AMP6 is on everyone's radar
2012 finished on a high with a lot of companies working to full capacity as a result of strong demand for construction services and support. Companies expect to be busy for the next 18 months.
And this is great news because it spreads an air of optimism especially at a time when the general economy is still shaky, as ours is.
Contractors and the water companies are very much aware we are halfway through the current AMP cycle and, as a result, are reaching the peak. Traditionally, the AMP cycle peak is followed by a trough but, hopefully with all the recent activity to smooth out the boom and bust cycle this won’t happen.
AMP6 is very much on everyone’s radar, and there is a feeling throughout the industry that capital delivery must be delivered differently.
The water companies are already engaging with the supply chain over AMP6, and this early contractor involvement must continue, and down all the contractor Tier levels. Some water companies also plan to spend in the final year of AMP5, and that will go a long way to preventing the trough.
Here’s to a prosperous 2013!
- Demand Response: Energy in demand Technology is opening the door for the water industry to make significant savings on energy costs via demand response,... Read More >
- The big picture As the water industry gets behind a whole catchment approach to water resource management,Roger Middleton, technical... Read More >
- Neptune shaft improvements auger well at Pebley Reservoir Inspection of the Canal and River Trust's Pebley Reservoir led to improvements in the interests of safety. Read More >
- The end of 'business as usual' in the water sector? James Connolly, head of partnerships at digital asset and works management company eviFile, assesses the message coming... Read More >
- Ofwat's assessments keep water companies in check The regulator's initial assessment of water companies' business plans reveals that a tight financial settlement is on the... Read More >
- Ofwat's PR19 assessments: How the industry reacted After Ofwat published its initial assessments of water companies' business plans for 2020-25, we look at the responses... Read More >
- Offsite build powers South East Water's £22M treatment works expansion South East Water's expansion of Bray Keleher Water Treatment Works is in full swing, with offsite manufacture aiding... Read More >
- Comment: Capital Maintenance comes to the fore The tight cost of capital set by Ofwat for PR19 will mean water companies will need to place the emphasis on maintenance... Read More >