Capital Projects on Tap: Investing in the Future

Tim speaking at conferenceBig projects are on tap for Louisville Water in 2024. Vice President and Chief Engineer Tim Kraus shared highlights of Louisville Water’s Capital Improvement Program as part of Louisville MSD’s Can You Dig It? event on January 18. Kraus gave an overview of the infrastructure projects, facility improvements, and regional growth projects Louisville Water has planned for this year.

It takes a skilled workforce to execute those projects. Can You Dig It? is a way for MSD and Louisville Water to connect with local small and Minority Women-owned Business Enterprises (MWBEs), while also giving contractors an opportunity to learn about the large-scale projects both utilities are working on in the future.

Kraus said, “Many times I encourage vendors and contractors to stop by our table. I present at this event every year, but it is a cooperative effort among engineering and procurement. Carol (Lyons, Procurement Manager) and her team do a great job.”

procurement at conferenceLouisville Water’s procurement team met with potential partners to let them know about the benefits of joining our Small Business Equity program (SBE), how to register for Bonfire (electronic planning room), and how to become a prequalified contractor.

The SBE has just under 100 members. Last year, Louisville Water spent more than $15 million with its SBE members. The company spent more than $13 million with MWBEs, including those who are also part of the SBE program.

Lyons serves on a subcommittee of the mayor’s Equity in Contracting and Procurement Task Force. The group was created in 2020 to encourage Louisville’s largest private and public infrastructure investors to increase opportunities for Black-owned and other diverse-owned businesses. Additionally, Louisville Water’s President & CEO Spencer Bruce, Vice President of Finance and Treasurer Lynn Pearson, and Vice President of Compliance and General Counsel Michael Tigue are involved with the task force’s efforts to ensure more opportunities for MWBEs.