WATER COST OF SERVICE ANALYSIS AND RATE DESIGN

The City of Riverside is seeking a qualified entity or individual to provide water cost of service analysis and rate design services. The selected company will be required to perform tasks such as developing a comprehensive model for preparing the cost of service analysis, conducting a water utility rate trends study, and providing rate design recommendations. The company will also be required to have at least two years of experience in providing similar services and have a project manager with at least five years of experience. • The company will be required to develop a cost of service analysis model that addresses and summarizes the functionalization and classification of costs for the water utility. • The company will be required to conduct a water utility rate trends study and provide rate design recommendations. • The company will be required to have a project manager with at least five years of experience in providing similar services. • The company will be required to have at least two years of experience in providing similar services. • The company will be required to provide evidence of possession of insurance in the coverage and amounts listed in the sample agreement.