Water, Sewer, Reclaimed Water and Miscellaneous Fees - Rate Study Piggyback Agreement

This contract is for financial management consulting services and utility rate-making services for the Bay County Utility Services Department. The contract is a piggyback agreement with Charlotte County Contract No. 2023000004, and the vendor is Raftelis Financial Consultants, Inc. The services include developing financial plans, ensuring utility rate structures reflect current conditions, and providing bond financial feasibility studies. The contract has a term of four years, with the option to renew for two additional one-year periods. The total contract amount is $150,000.