Cost of Service and Rate Study

The City of Farmington is seeking a qualified consulting firm to conduct a comprehensive Cost‑of‑Service and Rate Study for its municipal electric utility (FEUS). The effort will analyze revenue requirements, develop new tariffs for multiple customer classes (including solar‑distributed generation, time‑of‑use, and pole‑attachment rates), revise utility rules and policies, and produce detailed financial models and spreadsheets for ongoing rate administration. The contract is a firm‑fixed‑price, one‑year agreement with deliverables that include a draft report (within six months), a final report (one month after hearings), and a suite of Excel models for future use. • Scope includes revenue requirement calculations, tariff design, policy revisions, and methodology documentation. • Required deliverables: draft and final reports, PowerPoint presentations to the PUC, City Council, and citizen task force, and multiple Excel‑based calculation tools. • Project timeline: contract award by late Jan 2027, draft report due ~June 2027, final report by July 2027. • Mandatory pre‑proposal virtual conference on 10 Nov 2026; questions due 3 Dec 2026. • Firm‑fixed‑price contract; one‑year duration; all work performed by the contractor’s staff.