NC Municipal Services Information Session
Partnering to Enhance Local Infrastructure in NC
Communities across North Carolina are facing a multitude of challenges, including the need for substantial investment in infrastructure (estimated between $17 – $26 billion over the next 20 years) and pressure to assume more responsibility for infrastructure spending. In addition, the COVID-19 pandemic poses new challenges for municipalities who are faced with the loss of sales tax revenue and sharp declines in utility revenue collections.
North Carolina Municipal Services, a Bernhard Capital company, partners with cities by investing in their municipal infrastructure and utilities. Bernhard Capital
is a service and infrastructure-focused private equity management firm established in 2013 by Shaw Group founders Jim Bernhard and Jeff Jenkins and includes utility experts who have served in executive roles for some of the top utility companies in the United States.