Rate Study Scope of Work The consultant is requested to develop a detailed scope of work based on information provided in this RFP as well as the needs of the city as described below. This is not a comprehensive list but includes some of the key items required to be included in the RFP response. The following analysis must be performed for both water and wastewater funds. • Conduct a cost-of-service analysis • Prepare a long-Range Financial Forecast spanning ten years • Compare rates of similar communities • Assess the equity of the existing and any recommended water and wastewater rates for residential, multi-family, commercial, public, institutional accounts. • Incorporate future capital and financing requirements into revenue modeling. • Provide analysis for meeting operating reserve fund policies and potential rate stabilization components. • Address growth and projected demands for both the water and wastewater systems as it relates to a new rate structure. • Address availability of water supply and the Imperial Irrigation City Interim Water Supply Policy for Non-Agricultural Projects. • Develop at least two water rate structure scenarios and two sewer rate structure scenarios. Recommended rate structures shall provide direct identification of revenues appropriated for major funded activities including but not limited to: operations and maintenance expenses, capital improvement expenses, and debt coverage requirements. Any recommended rate structure or model should take into consideration the ease of administration and understanding by the rate payer. • Review and evaluate the fees and cost associated with installing meters and meter reading system. • Review and evaluate other fees such as water meter fees, late payment fees, turn on/off fees, private irrigation service lines, and fire hydrant fees etc. • Conduct a sensitivity analysis of existing and proposed facility fees and user rates under different growth projections and water consumption rates (should address required rates for 10‐year forecasting period) • Prepare a presentation to the public and the City Council of the recommended rate structure. • Develop and assist City staff with public hearing process and any other Proposition 218 items. • Meet with the City, community groups, and building industry groups during the study to secure their input (assume a total of 3 meetings).
