Sole Source Determination – Waterworth‑Muniworth Innovations Inc. (City of Clovis)

The City of Clovis administration awarded a sole‑source contract to Muniworth Innovations Inc. (doing business as Waterworth) for a three‑year cloud‑based Continuous Rates Management (CRM) platform and related support services. The solution integrates asset planning, financial forecasting, cost‑of‑service analysis, and rate design into a single SaaS offering, with rapid implementation, data onboarding, and continuous expert advisory. The contract value is $26,400, payable upfront, covering a term from August 23 2026 to August 23 2028. • Cloud‑based SaaS platform for utility rate management and financial forecasting • Includes data onboarding, model calibration, implementation, training, and unlimited support • Sole‑source justification cites proprietary technology, integrated advisory services, and lack of comparable alternatives.