Award
Utah Office of Consumer Services GJ22-17
Cost of Capital issues for Utilities
Recipient
PCMG and Associates LLC
Award Amount
$100,000.00
Ceiling
$100,000.00
Awarded
May 18, 2022
Identifier
GJ22-17
The Utah Office of Consumer Services, under the Utah Department of Commerce and Division of Purchasing, awarded a contract to PCMG and Associates LLC to provide expert consulting services related to cost of capital and return on equity issues for utilities, including gas, power, water, sewer, electricity, and alternative energy sources such as solar panels. The procurement was conducted as a Request for Statement of Qualifications (RFSQ) with solicitation number GJ22-17. The contract involves analyzing issues for an upcoming general rate case for Dominion Energy Utah (DEU). The services include consulting and analysis related to utilities management, corporate finance, taxation, accounting, audit services, and public administration and finance. The award amount is $100,000. The contact person is Garret Johnston (gkjohnston@utah.gov). The project is located in Utah, USA, with classification code 237110 (Water and Sewer Line and Related Structures Construction). The procurement was open, with a response deadline of May 3, 2022. The award was based on best value, and the contract is for professional consulting services. The procurement process included evaluation of qualifications, and the vendor must comply with Utah procurement rules and licensing requirements.
Description
The Utah Office of Consumer Services is seeking to retain an expert to assist in analyzing issues related to cost of capital and return on equity issues. The procurement is a Request for Statement of Qualifications (RFSQ) with solicitation number GJ22-17. The project was awarded to PCMG and Associates LLC as best value. The procurement was conducted by the State of Utah Department of Commerce and issued by the State of Utah Division of Purchasing. The response deadline was May 3, 2022, at 2:00 PM MDT. The contact person is Garret Johnston (gkjohnston@utah.gov). The project is located in Utah, USA. Relevant classification code is 237110 (Water and Sewer Line and Related Structures Construction).