Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 171

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1A
Chunk 171
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    $62  
    $188 
  
    Production System 
     27  
     53  
     89  
     169 
  
    Information Technology (IT) Systems 
     3  
     5  
     2  
     10 
  
    Other 
     7  
     5  
     8  
     20 
  
    Total Estimated Capital Expenditures 
    $93  
    $133  
    $161  
    $387 

Our estimated capital expenditures for the items
listed above are primarily comprised of the following:

    ●
    Distribution/Network System - Includes projects associated with replacement, installation and relocation of water mains and service lines and wastewater collection systems, construction of water storage tanks, installation and replacement of hydrants, meters and meter pits and the RENEW Program. RENEW is our ongoing initiative to replace water mains in the Middlesex System. In connection with RENEW, we expect to spend approximately $11 million in each of 2025 and 2026, and $12 million in 2027.  Also, we plan to replace a transmission main in Metuchen in our Middlesex System for approximately $8 million and $7 million in 2026 and 2027, respectively. In addition, we expect to invest $2 million and $10 million in 2025 and 2026, respectively, for elevated storage tanks in our Tidewater System.
  
    ●
    Production System - Includes projects associated with our treatment plants, including approximately $3 million, $25 million and $77 million of expenditures in 2025, 2026 and 2027, respectively to install PFAS treatment at our CJO Plant.
  
    ●
    Information Technology (IT) Systems - Includes further upgrade of our enterprise resource planning system and hardware and software purchases for other IT systems, including approximately $2 million in both 2026 and 2027 for upgrades of our customer information system.
  
    ●
    Other - Includes purchase of transportation equipment, tools, furniture, laboratory equipment, security systems and other general infrastructure needs including improvements to field and inventory management facilities in Iselin, New Jersey.

The actual amount and timing of capital expenditures
is dependent on the need for replacement of existing infrastructure, customer growth, residential new home construction and sales, project
scheduling and continued refinement of project scope and costs.

31 

To fund our