Description
The City Of Willard is seeking a consultant to prepare a comprehensive Rate Study that includes proposed rate increases through a ten-year increase schedule. The study shall address both the Treated Water System and the Sewer System separately, producing an independent cost-of-service analysis and Ten-year rate schedule for each system. The proposed rate structure should account for various factors such as generally accepted rate design criteria, cost of providing services, and trends in operational and maintenance costs.
Key aspects of the scope of work include:
• Generally accepted rate design criteria
• Cost of providing services, including impact of regulatory requirements
• Trends in operational and maintenance costs
• Incorporation of future repair and replacement and capital and financing requirements into revenue modeling
• Equity of the existing and any recommended rates for residential, multi-family, commercial, and accessory dwelling units
• Meeting operating reserve fund policies and potential rate stabilization components
• Meeting State debt ratio requirements
• Update connection charges for new connections to both the treated and sewer systems
Attached files
The solicitation documents live at the source — open the bid source above to download them.