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Title
Professional Service contract to assist with a Utility Revenue Requirement Study
Presenter
Gabriel Johnson, Director of Public Works
Recommended Action
Approve
Analysis
The need for a utility revenue requirement study for the water and wastewater was identified and approved as part of the FY 2018/2019 budget process by the City of Grand Prairie. A Request for Qualifications (RFQ)Solicitation has begun for consultants by the public works department.
Selection criteria involves the following:
- Ability to develop water & wastewater fund revenue requirement to incorporate the following:
- Develop a 5-year plan
- That meets fund balance and debt coverage goals
- That matches 2019-2020 budget
- And building in capital financing targets
- Ability to conduct a market analysis comparing rates to benchmark cities
- Ability to provide legislative updates and guidance for expanding in wholesale water service
Chapter 252, Section 22 of the Local Government Code allows for the exemption to competitive bidding when the expenditure is for Professional Services such as these consultant services.
This item is being presented for Finance and Government Committee consideration on February 5, 2019.
Award of contract will be presented at a later date if over $50,000 threshold for Council approval.
Financial Consideration
No financial consideration at the current time.