Rate Study, Financial Feasibility and Grant Compliance Services

The government authority in Petersburg, Florida is seeking a contractor to provide rate study, financial feasibility, and grant compliance services. The agency needs to address its utility financial planning through a comprehensive needs analysis, capacity analysis, and a review of current and historic financial data and customer billing statistics. This initiative aims to solve revenue planning challenges by conducting revenue sufficiency and cost of service analyses, calculating rate classification limits, and performing true-up and rate calculations for wholesale customers. The scope of work requires the contractor to ensure state and federal technical financial compliance for the agency. The selected partner must participate in presentations to the agency council, advisory boards, and wholesale customers, as well as prepare and present a final rate study report and conduct public outreach. Additionally, the contractor must develop, interface, and implement rate updates into the agency's utility billing system, while also providing financial feasibility, billing rate, late fee, service fee, and payback analyses. Bidders must be onshore organizations based solely in the United States to be eligible for this opportunity. The agency requires the selected contractor to perform all work onsite in Petersburg, Florida. Bidders may submit their proposals digitally via email or through the designated online portal. The agency is looking for proposals to determine the budget and cost structure for these services. All questions regarding this procurement must be submitted no later than June 16, 2026. The agency will evaluate proposals based on the contractor's ability to process, pay, report, and execute the full suite of financial and rate study services.