PROJECTS / Financial Modeling for WASA to Mitigate Impacts of COVID and Improve Utility Performance

Financial Modeling for WASA to Mitigate Impacts of COVID and Improve Utility Performance

Latin America and the Caribbean

May 6, 2021

The Inter-American Development Bank (IDB) contracted K&M Advisors to develop financial simulations that have been used to assess the impacts of COVID-19 on water utilities in the Caribbean, and to identify measures and/or instruments that can be put in place in the short term to mitigate those impacts. The Ministry of Public Utilities (MPU) of Trinidad and Tobago has requested that a financial model and accompanying user manual be prepared by K&M Advisors specifically for Trinidad and Tobago’s Water and Sewerage Authority (WASA). In addition to modeling the impacts of COVID-19, this financial model will also consider the regulatory framework, economic structure, water and sanitation sector in Trinidad and Tobago, as well as the structure of WASA. The financial model will be used to make strategic operating and policy decisions related to improvement of the utility and provide support the government in its re-negotiation of desalination contracts. In particular, the model will help WASA and the MPU prepare a plan to be submitted in November 2020 to cabinet level officials of the Government of the Republic of Trinidad and Tobago.

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Jamalco Energy and Financial Adviso
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