Town of Severance

Buyer seeks to develop financial plans for water and wastewater utilities for a 10-year study period. The study will determine rate and fee adjustments for 2025 through 2035 to fund operations, maintenance, and capital improvements. Buyer requires a cost-of-service analysis by customer class to identify costs for providing service to retail and wholesale customers. The study must align with recent Master Plans and address community growth and affordable housing impacts.

• 3/28/2025 - RFP Released
• 4/11/2025 - RFP Written Questions Due
• 4/25/2025 - Proposal Due Date
• 5/2/2025 - Evaluation and Selection Complete
• 5/5/2025 - Expected Project Start Date
• 10/31/2025 - Project Completion Date

• Explain approach to preparing the Study addressing identified tasks
• Provide examples of similar projects completed in past five years
• Include contract manager's name, qualifications, experience, and availability
• Disclose office location where work will be managed
• Disclose potential conflicts of interest with other clients
• Hold appropriate licensure/prequalification in Colorado

• Analyze water and wastewater revenue requirements for 10-year period
• Conduct cost-of-service analysis by customer class for retail and wholesale customers
• Develop three rate structure alternatives with financial projections
• Analyze base rates and user charges across different customer classes
• Design rates that recover costs while encouraging conservation
• Create separate financial plans for water, wastewater and irrigation enterprise funds
• Present findings to Town staff and Town Council
• Evaluate impact of community growth and affordable housing on rates
• Develop rate schedule for 2026 through 2028
• Create Excel-based financial models for future rate planning