Water and Sewer Rate Study Services

The Village of Hanover Park, IL requires a vendor to deliver water and sewer rate study services. The selected vendor must collect and analyze current and historical data, including master plans, actual costs and revenues, capital improvement plans, and billing information. The vendor must compare system costs against industry benchmarks, perform a cost-of-service analysis, and establish a projected revenue requirement for predictable annual cash flows. The scope also entails preparing five-year demand forecasts based on growth and conservation trends, while engaging stakeholders through meetings and non-technical visual summaries. The buyer restricts eligibility to US organizations performing the work offsite. Bidders must submit proposals digitally through email or online. The buyer seeks proposals for the budget and provides no additional key dates or evaluation criteria in the text.