Water and Sewer Rate Study (RFP)

Soliciting sealed proposals from qualified consulting firms to conduct a comprehensive water and sewer Rate study. This study will ensure that the City's water and sewer utilities remain financially sustainable, adequately fund operations and capital improvements, and maintain fair and equitable rate structures for customers. Scope of services The consultant shall provide professional services that include, the following: 1. Project initiation and data Review a. Conduct a project kick-of meeting with City staff. b. Collect and review City-provided data, including historic revenues/expenses, billing data, projected budgets, and capital improvement plans. c. Interview City officials to understand financial, operational, and regulatory context. d. Provide a preliminary comparative review of City rates against peer communities. 2. Revenue Requirements and financial Planning a. Develop long-range financial plans (5-10 years).