Laserfiche WebLink
Exhibit A (Scope of Work)   <br />SCOPE OF WORK  <br />This scope of services will provide a comprehensive review of the City’s water, water filtration, <br />sewer, and stormwater rates. It will result in updated rates for each utility for a multi-year period <br />(e.g., 1-4 years). The tasks are identical for each utility unless otherwise specified. Provided <br />below is a more detailed discussion of the scope of services for the City’s study. <br />Task 1 – Data Collection and Kick-Off Meeting <br />A two-hour in person kick-off meeting will be held with City staff to discuss key issues and <br />objectives and discuss the data and information necessary to complete the study. HDR will <br />provide a written data request to the City in advance of the kick-off meeting. This request <br />should be similar to the data and information provided to HDR as a part of the City’s last <br />comprehensive rate study. After the meeting, HDR will follow-up with City staff (via telephone / <br />email) for any additional items or explanations, as necessary. As a part of the meeting, HDR <br />will also review the City’s current rate models to determine the updates and revisions to the rate <br />models (Task 2). <br />Task 1 Assumptions: <br />A two-hour in person kick-off meeting with the HDR project manager and technical lead. <br />The City will provide the data necessary to complete the requested analyses. <br />Task 1 Deliverables: <br />Electronic version of the written data request. <br />Task 2: Rate Model Update and Development <br />As a part of the prior rate studies, HDR developed and refined the City’s rate models. This task <br />will result in revised and updated rate model(s) for the City. HDR and City staff will collaborate <br />and determine the model revisions and updates to meet the City’s modeling goals and <br />objectives. Given the input from Task 1, HDR will make the initial updates to the rate model. As <br />part of this task, up to two, two-hour, virtual project meetings will be held to review and discuss <br />the model and updates. A final two-hour in person project meeting will be held to review and <br />discuss the development of the rate model(s). At the conclusion of this meeting, a final rate <br />model(s) will be developed for the rate study analysis. <br />Task 2 Assumptions: <br />Collaborate with City staff to develop the final rate model(s) to be developed for the rate <br />study. <br />Up to two, two-hour, virtual project meetings to review the development of the rate <br />model(s). <br />A two-hour in person project meeting to review draft rate model(s). <br />Task 2 Deliverables: <br />An electronic copy of the rate model(s) developed for use in the development of the rate <br />study. <br />Task 3: Financial Benchmarking Analysis <br />As a part of the prior comprehensive rate studies, a high-level financial benchmarking analysis <br />was provided. The following financial performance indicators for business operations were <br />reviewed in the prior study: <br />Debt Ratio <br />Return on Assets (%)