Description
The Department of Water Resources is seeking a qualified firm to provide comprehensive financial advisory services supporting the wind‑down of the Electric Power Fund (EPF) program, management of the associated bond portfolio, and assistance with California Public Utilities Commission (CPUC) filings. The contractor will act as an on‑call advisor for litigation, regulatory reporting, escrow/defeasance analysis, and will develop and maintain financial models used for revenue‑requirement calculations. Work will be performed primarily in Sacramento with optional telework, and deliverables will be accepted by DWR on a case‑by‑case basis.
• Assist with EPF program litigation, bond‑related disputes, and regulatory compliance.
• Provide debt‑portfolio advisory services, including escrow/defeasance guidance and briefing material preparation.
• Maintain and update DWR’s revenue‑requirement financial model, train staff, and support CPUC filing preparation.
• Deliver reports, exhibits, and testimony as requested; work performed on an as‑requested, non‑guaranteed‑work basis.
• Contract term is three years with two optional one‑year renewals; the scope covers financial analysis, model development, and regulatory support.