SUBJECT/RECOMMENDATION:
Title
Award a contract for utility rate study and other professional services for the five-year period ending August 30, 2025 to Stantec Consulting Services, Inc. (Stantec), for the Water and Sewer, Stormwater, and Solid Waste and Recycling utilities, for a not-to-exceed amount of $370,000, and authorize the appropriate officials to execute same. (consent)
Body
SUMMARY:
Stantec was selected to provide rate study services as the top-rated consultant of four firms responding to RFP 14-20.
The five-year contract includes plans for eight major and six interim rate studies, as detailed on the not-to-exceed budget. The schedule for the rate studies is an estimate and may vary with the planned issuance of utility revenue bonds and other factors. The contract price is all inclusive including travel costs. An additional $29,345 for hourly consulting services, on an as-needed basis, is included in the not-to-exceed amount.
Major rate studies include one-on-one interactive presentations to Council members and recommendations for rate adjustments as necessary. Interim studies are primarily to compare actual operating results to the last major rate study and identify any significant changes that could impact future rates or debt issuances.
Stantec (previously Burton & Associates) has been providing rate study services to the City from the late 1990’s to present. Their knowledge of the utility industry and rate systems is extensive and they have provided prompt and professional services to the City.
APPROPRIATION CODE AND AMOUNT:
4211345 530100 $159,436
4191365 530100 $101,475
4242082 530100 $ 18,545
4242083 530100 $ 18,545
4242089 530100 $ 17,454
4262041 530100 $ 54,545
Funding will be budgeted annually in the respective utility fund operating budgets, beginning in Fiscal Year 2021.