Title
Water and Wastewater Systems - Raftelis Consulting Services (Ordinance S-49843)
Description
Request to authorize the City Manager, or his designee, to enter into a contract with Raftelis Financial Consultants, Inc., to provide expertise and technical support to assist the City's regular review and update to the water and wastewater rates and fees program. Further request to authorize the City Controller to disburse all funds related to this item. The total value of the contract will not exceed $375,000.
Report
Summary
The Financial Accounting and Reporting section of the Finance Department is responsible for assisting the City's Water Services Department with its financial planning and rate setting process. The Water Services Department assesses water and wastewater rates and fees to generate the revenue needed to provide water services to existing and new development. Assessments are periodically performed to determine if future forecasted water and wastewater rate increases will ensure financial targets are being met and the water and wastewater systems are financially stable. The services solicited under this contract will provide expertise and technical support to the water and wastewater rates and fees program.
Procurement Information
In accordance with Administrative Regulation 3.10, standard competition was waived as a result of an approval determination memo based on special circumstances without competition, as there exists a lack of available qualified products, which makes a competitive selection process impracticable, unnecessary, or contrary to the public interest.
Contract Term
The contract will begin on or July 1, 2023, for a five-year term.
Financial Impact
The aggregate contract value will not exceed $375,000 for the five-year aggregate term. Funding is available in the Finance Department's operating budget.
Department
Responsible Department
This item is submitted by City Manager Jeffrey Barton and the Finance Department.