Infrastructure as a Service®
Empower Your Community's Future: Modernize Infrastructure with Zero Upfront Costs
Benefits of Infrastructure as a Service® (IaaS):
Zero Upfront Cost
Pay a monthly usage-based fee aligned with your revenue streams.
Flexible Funding
SP can provide a funding match or fund 100%.
You’re in Charge
Month-to-month terms with the option to take ownership of assets at any time.
Ongoing Monitoring & Maintenance
We prioritize preventive maintenance to keep your infrastructure safe, reliable, and improving for years to come.
We solve your capital needs for infrastructure and partner with you to keep it reliable, safe, and improving.
Our Customers Include:
As a Public Benefit Company, SP empowers a diverse range of public entities, including municipalities, schools, hospitals, transportation hubs, and critical service providers, to build a more sustainable future.
- Municipalities, Villages, Parishes
- Airports, Ports, Train Stations
- Correctional Facilities
- Federal & State Agencies
- Hospitals
- K-12 Schools & Universities
- Parks & Libraries
- Police & Fire Stations
- Railroads
- Utilities
- Wastewater & Water Treatment
Eligible Infrastructure:
SP helps public entities facilitate a wide range of infrastructure projects, from clean water systems and energy-efficient buildings to electric vehicle charging stations and transportation hubs.
- Clean & Wastewater Systems
- AMI Metering Solutions
- Boilers, Chillers, Cooling Towers, Air Handlers
- HVAC, Building Envelope, Energy Efficiency
- LED Lighting
- Plumbing & Irrigation Systems
- Roofs, Windows, Elevators, Escalators
- Sports Field Turf & Lighting
- Electrical Distribution, Storage, Optimization & Generation
- Microgrids
- Electric Vehicles, Charging Stations
- Intermodals, Rail, Switching Stations, Runways, & Taxiways
Upgrade your infrastructure today and build a brighter, more sustainable future for your community. Modernize your community’s infrastructure with SP's Infrastructure as a Service®.
Why SP's Infrastructure as a Service® is the best solution to make the infrastructure upgrades you need:
Speed & Efficiency
- When time matters, SP is your fastest option
- As-a-service model removes budgeting debates
- Fast, simple contracting: government-friendly Master Utility Service Agreement
- Simple and easy auditing
Quality
- Highest quality assets are procured
- Focus on premier maintenance and upgrade reserves
- Funding is connected to asset performance and reliability
Costs
- 10-40% reduced actual cost
- Limited intermediaries
- Leverage scale and national contracts with leading vendors
- Lowest monthly cost through simplified contracting, streamlined procurement, and extended useful life of products
- Lowest total cost of usage
Finance
- Protects bond and credit rating: Strengthens balance sheet by removing financing, deferred maintenance, and depreciation
- Enables reallocation of capital to higher-impact needs
- Utilization versus credit default underwriting
Risks
- Removes risk of unreliable assets
- SP mitigates the technology, installation, and performance risks
- Eliminates default risks as monthly fees vary with your source of revenue
- Complete transparency of all monies using cloud accounting of a special purpose legal entity for your assets
Safety
- 30-day termination no penalties with 30 days notice
- Option to take over asset ownership at any time
How does SP’s IaaS compare to traditional financing?
SP-Style Maintenance & Service
With a dedicated team of infrastructure experts, SP efficiently addresses infrastructure challenges. Aligned with our customers’ goals, SP minimizes, mitigates, and swiftly resolves issues, ensuring long-term public benefit.
The Golden Gate Bridge is nearly 90 years old, with an original cost of $37M and a useful life of 75 years. Thought it has never been rebuilt, proactive SP-style maintenance and upgrades have kept it in optimal condition, allowing it to handle 12 times the original traffic and capacity while extending its useful life by an additional 100 years.
We bring this win/win reality to all essential infrastructure, including water, sewer, bridges, HVAC, and energy.
Interested in learning more?
Contact us today to discuss how we can support your infrastructure needs without any upfront costs.