County of Ventura Bonfire #RFQ_20260508

Water Rate Study Services for Ventura County Waterworks Districts

Ventura County Waterworks Districts and Service Areas, part of the Public Works Agency (PWA), is seeking qualified firms to perform a comprehensive water rate study for Districts 1, 17, 19, and 38. - Government Buyer: - Ventura County Waterworks Districts and Service Areas, Public Works Agency (PWA) - OEMs and Vendors: - No specific OEMs or vendors are mentioned; opportunity is open to qualified engineering firms - Products/Services Requested: - Cost of Service Study and Rate Model Validation - Validate existing rate structure models - Recommend new rates to ensure sufficient revenue for: - Operations and maintenance - Rate stabilization - Capital repair and replacement - Major capital improvement projects - Reserve funds - Required debt coverage - Necessary studies for efficient and resilient utility - Unique/Notable Requirements: - Submission of Statements of Qualifications (SOQ) in PDF format - Firms must demonstrate expertise in rate engineering and civil engineering - Ability to address all aspects of utility rate setting and financial planning for multiple water districts - No product line items specified; focus is on professional services for rate analysis and financial planning.

Description

Ventura County Waterworks Districts and Service Areas are seeking Statements of Qualifications from firms to perform a cost of service study, validate approved rate structure models, and recommend rates. The study aims to ensure rates generate adequate revenue to cover current and future operations and maintenance costs, rate stabilization, capital repair and replacement costs, major capital improvement project costs, reserve funds, required debt coverage, and necessary studies for utility efficiency and resilience.

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