RFP-SN-2024-1 - Professional Services – 2024 Water & Wastewater Utility Rate Study

The City of Steamboat Springs (City) is seeking proposals from qualified firms to prepare an updated utility rate study and financial analysis of the City’s Water and wastewater enterprise fund. The purpose of this Study is to develop financial plans for a 10-year study period and rate and fee adjustments for 2025 through 2027 to generate sufficient revenue to fund annual operations, maintenance, and capital improvements, meet annual revenue requirements, sustain adequate cash reserves, provide appropriate debt service coverage, and encourage water conservation. A cost-of-service analysis by customer class should be completed for the water and wastewater funds to identify the cost for the City to provide service to retail and wholesale customers.