Specifications include, but are not limited to: The consultant will be hired and supervised by the Commission to perform the consulting work, and will work at the direction of, and in consultation with, Commission Staff. The consultant will determine return on equity and overall rate of return based on multiple factors, including industry financial information relating to revenues, risk, growth, profitability, equity returns, capital structure, cost of equity and weighted average cost of capital, and expert witness testimony. Among other things, the engagement will include: Review of the Company’s proposed rate of return and cost of capital Preparation of interrogatories and participation in other discovery activities Participation in technical sessions and settlement discussions Preparation and submission of direct, rebuttal, and surrebuttal testimony Preparation of responses to interrogatories Attendance at hearings for cross-examination of testimony The consultant shall conduct an initial project scoping meeting with the Staff. The purpose of the meeting is to review and refine the scope, task and project approach requirements; review the allocation of resources among deliverables; establish a project plan, with key deliverables and milestone dates; and establish project management and communication protocols to ensure that the information needs of both the Commission and the consultant are satisfied. In the process of preparing each deliverable, the consultants will work closely with Commission Staff in order to facilitate effective knowledge transfer of each issue. The work of the consultant will be subject to an evaluation of progress achieved against the above-mentioned scope and tasks to take place after completion of the key deliverables identified during the project scoping meeting.