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  5. ›26-002 Capital Investment Strategy RFQ

North Carolina Orange Water and Sewer Authority (OWASA)·North Carolina

26-002 Capital Investment Strategy RFQ

Closes 12/16/2025$200k – $500kRequest for Qualification
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Description

The Orange Water and Sewer Authority (OWASA) is seeking a consultant to provide professional services to establish and implement a capital investment strategy (CIS) for the authority. The consultant will be responsible for developing a comprehensive CIS that aligns with OWASA's strategic plan and goals of sustainability, resilience, and maintaining a high level of service for the community. The scope of work includes assessing and analyzing existing risk models, identifying gaps and areas for improvement, engaging with stakeholders, and developing a plan to incorporate asset level risk models into the long-term capital investment strategy. The consultant will also provide recommendations for prioritizing investments and allocating resources effectively. Key tasks for the consultant include: • Developing enterprise-level risk mapping to identify and mitigate potential risks across the utility's infrastructure • Leveraging asset risk data from existing linear risk models and newly implemented NexGen Computerized Maintenance Management System (CMMS) • Engaging with staff, the Board, and stakeholders to gather input and ensure the strategy meets the needs and expectations of all parties involved • Providing regular updates and reports documenting the effort and findings • Developing a method of budget deferral analysis as it pertains to organizational risks and alignment with desired levels of service and key performance indicators (KPIs)

Attached files

Contact

Coleman Olinger(Asset Manager)

[email protected]

(919) 968-4421

Key dates

Opened
10/15/2025
Questions due
11/19/2025
Closes
12/16/2025
Duration
9 months

Last updated

Details

Type
Request for Qualification
Industry
Utilities and Waste Management
NAICS
541620
Solicitation №
460-26-002

Budget estimate

$200,000 – $500,000

The estimated budget for this opportunity is between $200,000 and $500,000. This estimate is based on the scope of work, which includes developing a comprehensive capital investment strategy, and the fact that OWASA is a public authority with a budget for infrastructure projects. The budget will depend on the consultant's approach, the level of expertise required, and the complexity of the project. Factors that may influence the likely payment range include the consultant's experience with similar projects, the level of stakeholder engagement required, and the need for specialized expertise in areas such as risk management and asset management.

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