CourseCivil, Rail & Smart Cities Applications open

Course on Costs and Financing in Urban Water Works

Online course of 300 hours in costs and financing of urban water works, structured in 6 modules covering infrastructure costs, works budgets, tariffs and cost recovery, funding sources and economic appraisal under the Spanish Public Sector Contracts Act and the Water Framework Directive, with an assigned technical tutor.

Duration3 months
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate

Course on Costs and Financing in Urban Water Works — studying from New Zealand

Civil engineering is one of New Zealand's largest engineering employers, driven by the need for earthquake-resilient infrastructure, roading, water and wastewater systems across a seismically active country. Major projects include Auckland's City Rail Link and Wellington's transport upgrades, with rail maintained largely by KiwiRail. Engineers work for consultancies, contractors and councils, and the Ministry of Business, Innovation and Employment administers the Building Act and related standards, while Waka Kotahi manages the national land transport network.

Fees for New Zealand: NZ$1,080 (New Zealand dollar), with instalments and employer sponsorship available.

Relevant bodies in New Zealand

  • Engineering New Zealand
  • New Zealand Transport Agency Waka Kotahi
  • KiwiRail

Typical roles

  • Civil Engineer
  • Structural Engineer
  • Transport Planning Engineer
  • Rail Infrastructure Engineer

Questions from New Zealand

What is the recognition pathway for civil and rail engineers in New Zealand?

Engineering New Zealand administers Chartered Professional Engineer registration, which is the main recognised professional standard for civil engineers. Rail is regulated through the New Zealand Transport Agency Waka Kotahi and the Ministry of Transport. SEIUM's qualifications are private and not accredited by a national body, so employers or the relevant body decide how much weight to give them.

Who hires civil, rail and smart city engineers in New Zealand?

Employers include city and regional councils, central government agencies, consultancies, contractors, and rail and transport operators. Smart city roles increasingly combine infrastructure knowledge with data and digital systems. Hiring usually depends on registration, experience and project records, so a private qualification is a supporting credential rather than a guaranteed entry point.

Will I need a visa, and how do fees and employer funding work?

No student visa is needed to study from home, because all programmes are 100% online and taught in English. Each programme includes an assigned technical tutor and a final project. Fees are payable in instalments, and employer sponsorship is possible. Master's programmes take 1,900 hours, postgraduate diplomas 800 and specialist courses 300, so check the time commitment against your workload.

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Learning outcomes

What you will be able to do

01

Estimate the investment and operating costs of urban water works.

02

Prepare and control works budgets.

03

Design tariff structures based on cost recovery criteria.

04

Identify public and private funding sources.

05

Carry out financial and social appraisals of water projects.

06

Prioritise investments using asset management criteria.

07

Draw up a financing proposal for an urban water works.

Profile

Who it's for

  • Cost and budget technicians in water engineering.
  • Finance managers at water utilities.
  • Public funding consultants.
  • EU funds specialists working with municipalities and consortia.
  • Tariff analysts.
  • Hydraulic infrastructure project managers.
  • Engineering or science graduates looking to join water-cycle management companies.
Standards & tools

What you'll work with

  • Law 9/2017 (Spanish Public Sector Contracts Act)
  • Royal Decree 1098/2001 (general regulation of the Public Administration Contracts Act)
  • Directive 2000/60/EC (Water Framework Directive, Article 9 on cost recovery)
  • Royal Legislative Decree 2/2004 (consolidated Local Finance Act)
  • Regulation (EU) 2020/852 (taxonomy of sustainable activities)
  • Regulation (EU) 2021/241 (Recovery and Resilience Facility)
  • ISO 55001 (asset management)
  • Royal Decree 55/2017 (implementation of the Spanish economy de-indexation law)
  • Presto
  • Microsoft Excel
  • TCQ
  • SAP
  • Palisade @RISK
Syllabus

6 modules

  1. 1.1Types of urban water works
  2. 1.2Structure of investment costs
  3. 1.3Unit prices and price databases
  4. 1.4Cost functions for WWTPs and DWTPs
  5. 1.5Costs of networks and pipelines
  6. 1.6Operation and maintenance costs
  7. 1.7Life-cycle cost
  8. 1.8Depreciation and asset renewal
  9. 1.9Cost benchmarking
  10. 1.10Case study: cost estimate for a DWTP
  1. 2.1Quantity take-offs and price schedules
  2. 2.2Material execution budget
  3. 2.3Overheads and contractor's profit
  4. 2.4Price revision
  5. 2.5Economic scheduling of the works
  6. 2.6Monthly progress certificates
  7. 2.7Variations and new rates
  8. 2.8Cost control on site
  9. 2.9Contract final accounts
  10. 2.10Practical exercise: budget for a sewerage network with Presto
  1. 3.1Cost recovery principle
  2. 3.2Block tariff structure
  3. 3.3Charges and tariffs: legal nature
  4. 3.4Regional sanitation levies
  5. 3.5Social tariff and affordability
  6. 3.6Cost studies for tariff setting
  7. 3.7Comparison of Spanish tariffs
  8. 3.8Economic regulation of water
  9. 3.9Financial sustainability indicators
  10. 3.10Workshop: design of a block tariff
  1. 4.1Public budgets and transfers
  2. 4.2European funds: ERDF and the Recovery Facility
  3. 4.3PERTE for the digitalisation of the water cycle
  4. 4.4European Investment Bank loans
  5. 4.5Financing of public companies
  6. 4.6Public-private partnership in water
  7. 4.7Service concessions
  8. 4.8Green bonds and sustainable finance
  9. 4.9EU Taxonomy and water
  10. 4.10Lab: application to a funding call
  1. 5.1Financial analysis of projects
  2. 5.2Social cost-benefit analysis
  3. 5.3Valuation of environmental benefits
  4. 5.4Cost-effectiveness analysis of alternatives
  5. 5.5Sensitivity and risks
  6. 5.6Investment prioritisation
  7. 5.7Multi-year investment plans
  8. 5.8Asset management with ISO 55000
  9. 5.9Reporting to regulators
  10. 5.10Case study: prioritisation of a pipe renewal plan
  1. 6.1Description of the works
  2. 6.2Budget estimate
  3. 6.3Operating costs
  4. 6.4Analysis of financing alternatives
  5. 6.5Tariff impact of the investment
  6. 6.6Financial and social analysis
  7. 6.7Risks and sensitivities
  8. 6.8Final financing proposal
  9. 6.9Report and presentation
  10. 6.10Final project: final review with the tutor
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within the intake, so it fits around your job.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Presto, Microsoft Excel, TCQ, SAP and Palisade @RISK, in free, academic or evaluation versions. Exercises are based on real procedures: preparing works budgets, designing tariff structures and financial appraisal of investments. Assessment is continuous by module, plus the final integrated project.

Standards covered: Law 9/2017, Royal Decree 1098/2001, Directive 2000/60/EC, Royal Legislative Decree 2/2004, Regulation (EU) 2020/852, Regulation (EU) 2021/241, ISO 55001, Royal Decree 55/2017.

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of Law 9/2017, Royal Decree 1098/2001 and Article 9 of the Water Framework Directive applied to real cases, not as a theoretical annex.
Industry software:Presto, Microsoft Excel, TCQ, SAP and Palisade @RISK, in free, academic or evaluation versions.
Final project:a financing proposal for an urban water works, reviewed by your tutor.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Budget estimate
Describe the works and estimate their investment budget.
Operating costs
Calculate the operating and maintenance costs over the asset life.
Financing alternatives
Compare public, European and private financing options for the investment.
Tariff and appraisal
Assess the tariff impact and the financial and social viability, including sensitivities.
Final project
Present the final financing proposal and report for review by your tutor.
Career opportunities

Where this takes you

Cost and budget technicianFinance manager at a water companyPublic funding consultantEU funds specialistTariff analystHydraulic infrastructure project manager
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • An internet connection and a computer able to run the programme software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 300 hours over 3 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Presto, Microsoft Excel, TCQ, SAP and Palisade @RISK, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute certificate, awarded on passing the continuous assessment and the final project. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed are recognised in a higher programme in the same area (postgraduate diploma or master's). Ask about the recognition policy when you enrol.

No prior qualification is required; you need an internet connection, a computer able to run the programme software and enough English to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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