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File #: WC 2024-124    Version: 1 Name:
Type: CR Water Topic Status: New Agenda Topic
File created: 11/14/2024 In control: Castle Rock Water Commission
On agenda: 12/11/2024 Final action:
Title: Follow-up on Rates and Fees Study RFP Town Council Agenda Date: NA
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To:                     Members of the Castle Rock Water Commission

 

From:                     Mark Marlowe, P.E., Director of Castle Rock Water

                     Nichol Bussey, Business Solutions and Support Manager

                     

                     

Title

Follow-up on Rates and Fees Study RFP

Town Council Agenda Date: NA

Body

________________________________________________________________________________

 

Executive Summary

 

The purpose of this memo is to request approval of the attached services agreement with Stantec Consulting Services, Inc. to provide professional services to accomplish the 2025 Rates and Fees Study for 2026-2030.

 

The scope for this study is to investigate both rates and fees for the Department’s four enterprise funds. The work product for this effort will be a study that revisits proposed rates and fees for the years 2026 through 2030. Based on the scope of work developed jointly by Castle Rock Water and Stantec, the not-to-exceed cost for preparing this study will be $60,000.

 

Castle Rock Water submitted a Request for Proposal to Bidnet for the 2025 Rates and Fees Study in October 2024. Five companies responded with proposals and three of the respondents were selected for interviews. After interviews, Stantec was selected as the preferred vendor based on value and experience.

 

Castle Rock Water used Stantec Consulting Services, Inc. for the annual study last year and staff was pleased with the quality of Stantec’s models and their work. Consistency in this service is important, and we use Stantec’s modeling software. The schedule for the completion of the study is December 31, 2025.

 

Major services and items to be accomplished include:

Task 1: Review Customer Characteristics

Task 2: Review SDF, Financial and Cost of Service Models

Task 3: Review Rate Design Models

Task 4: Review Presentation Materials and Study Reports

 

 

 

Budget

 

There is adequate budget appropriated for this project in 2025. This project cost is split 25% to the Water Fund, 25% to the Water Resources Fund, 25% to the Wastewater Fund and 25% to the Stormwater Fund:

 

210-4221-442-3090, Technical Services                                          (25%)                                          $15,000

211-4321-443-3090, Technical Services                                          (25%)                                          $15,000

212-4421-444-3090, Technical Services                                          (25%)                                          $15,000

213-4521-445-3090, Technical Services                                          (25%)                                          $15,000

Total                                                                                                                                                   (100%)                     $60,000