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America's $9B/Year Water Pipe Problem
- 1. America’s Water Pipes are End of Life Solving a $9B per Year Problem 1
- 2. REPIPE4710 • ACTION • Drinking Water State Revolving Funds • Water Infrastructure Finance Innovation Act • Communities & Water System Operators • PPP Clean Water Act 1996 WIFIA 2014 Flint, MI Syracuse Phila 2
- 3. USA Will Spend $540B Over 25 Years AWWA 1. Trenchless 2. Less Effort 3. Faster 4. Safer 5. Less Disruption 6. Structural 7. New System Retrenching is Slow & Expensive RePipe4710 25-30% LESS 3 RePipe4710 Advantages
- 4. REPIPE4710 • MARKET $540B in Renewal Spend $3B/Yr Spent Fixing Old Pipes $9B/Yr Lost Water Revenues $80B in Pipe Needed $ Billions Out to Bid “Not the Next Flint, MI” Motivators Opportunity Happening Now 4
- 5. REPIPE4710 • SOLUTION • Make a Completely New, Structural, Plastic Pipe Network • DO NOT DIG UP THE STREET • NO HYBRIDs PATENT 12-2015 5
- 6. REPIPE4710 • MILESTONES • EPA Relationship • US Military Relationship • Independent Water Operators • Publicly Traded Water Operators 6
- 7. RePipe4710 Business • Make & Sell – Folded Pipe – Fittings – Installation Equipment • Purchase Drivers – Water Main Breaks – City-wide Rehabilitations • Confidence: Proven in Europe • First U.S. Patent Awarded, Multiple Pending • Not Capital Intensive, High Gross Margin, Repeat Customers, Rich R&D Future $80B in Pipe and Fittings 2015 to 2040 Pipe Folding in Action 7
- 8. How to RePipe a Pipe 1. Dig Entry Point 2. Dig Exit Point 3. Pull Folded Pipe Through 4. Force Round with Steam 5. Connect with Fittings $80B in Pipe and Fittings 2015 to 2040 Folded, Coiled RePipe4710 Inserted into Leaking Pipe “RePiped” Pipe 1. New, Strong Pipe 2. Dig Two Holes, Not a Trench 3. Less Disruption 4. Flexible Pipe Bends as Needed 5. Faster, Less Expensive Process 6. STRUCTURAL SOLUTION, Not a Hybrid RePipe4710 Process Advantages 8
- 9. Competition $80B in Pipe and Fittings 2015 to 2040 9 Option New Pipe Network? Dig and replace Yes, costly, disruptive Other Trench-less Hybird, 100s/1000s New Weak Links RePipe4710 Yes, 25-30% less, fast, limits disruption
- 10. REPIPE4710 • The Industry Engineers SRF Directors 52,000 Districts AWWA Contractors EPA Funders Knowledge Players 10
- 11. RePipe4710 Team • Leadership – Tim Nippes, CEO – 19 years in water, 26 years in heavy construction – Dana Hoffer, EVP – 25 years in business, enterprise to start-up – Barry Blundin, Sales & Govt. Relations – 25 years working in regulated industry $80B in Pipe and Fittings 2015 to 2040 11
- 12. America Needs RePipe4710 AMERICA NEEDS A BETTER GRADE 12 Confidential