Shake-out time for contract operators
- From: Vol 9, Issue 4 (April 2008)
- Category: General
- Region: Americas
- Country:
- Related Companies: American Water, CH2M Hill, Severn Trent Services, Southwest Water, United Water and Veolia Water
The US contract ops market seems to have settled into a kind of rhythm. The major players have accepted that achieving growth can be a frustratingly slow process.
When big public-private partnership (PPP) contracts came of age in the US during the 1990s, the market appeared promising – the private sector had very low penetration, and everyone expected a big leap forward.
But after a short period of growth, contract operators struggled to fulfil contracts, and the stream of sizeable new contracts tailed off. Why? Contractors found themselves in ...
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