Capital Project Delivery
|Publication Date:||1 January 2010|
Capital projects are those construction projects that further the growth of a utility's infrastructure or upgrade or replace aging infrastructure. These capital projects involve a significant amount of monetary investment (capital) and, when completed, are expected to service the utility and its customers for decades. The term capital project delivery refers to the method of contracting for the construction of these projects. Depending on the delivery method, the term may also include the design or short-term or even long-term operation of the project. Figures I-1, I-2, I-3, and I-4 illustrate typical water utility construction projects.