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  5. ›25-26-071-Biennial Rate Study

City of Danville·Virginia

25-26-071-Biennial Rate Study

Closes 5/5/2026$50k – $150kRequest for Proposal
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Description

The City of Danville is seeking proposals to conduct a biennial rate study. The study will analyze current utility rates, forecast future demand, compare regional benchmarks, and provide recommendations for rate adjustments to ensure fiscal sustainability and compliance with regulatory standards. • Collect and validate historical consumption and revenue data for municipal services. • Perform statistical and financial modeling to project future rate impacts. • Deliver a comprehensive report with actionable recommendations and supporting documentation. • Present findings to city officials and stakeholders.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Sheryl Royal(Buyer)

Key dates

Opened
4/20/2026
Closes
5/5/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP-118517

Budget estimate

$50,000 – $150,000

A biennial rate study typically requires a multidisciplinary team of analysts, economists, and consultants. Based on similar municipal projects, the budget often ranges from $50,000 for a straightforward analysis to $150,000 for a comprehensive study involving extensive data modeling, stakeholder workshops, and detailed reporting. Factors influencing the final price include the depth of data required, the complexity of rate structures, and the level of stakeholder engagement.

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