2022-329 - Five Year Rate Study

The City of Warwick Water Division is seeking proposals from qualified firms/consultants to conduct a comprehensive in-depth 5 Year Water Rate Study. The intent of the study is to independently evaluate and assess the Warwick Water Division’s current schedule of rates and fees and to develop and recommend revisions based on their performance. The goal of the project is to propose a rate structure to adequately fund water utility operations and maintenance expenses, debt service, specified reserves, capital expenditures, depreciation and other cash revenue requirements, including foreseeable future projects.