RFP 23-24-100 2025 Biennial Rate Study

The City of Danville, Virginia has issued RFP 23-24-100 for a 2025 Biennial Rate Study, seeking a qualified vendor to provide comprehensive utility rate-related services for a two-year contract period. The primary deliverables include conducting biennial Utility Rate Studies, performing Rate Benchmarking, reviewing Power Cost Adjustment (PCA) and Purchase Gas Adjustments (PGA) factors, and providing miscellaneous rate-related analysis and recommendations on an as-needed basis. The Utility Rate Study must be completed by October 2024, with the contract term spanning two years and an option to renew for two additional two-year periods. Proposals are due by July 9, 2024, at 4:00 PM, and will be evaluated based on multiple criteria including price, technical recommendations, delivery time, quality, operating and maintenance costs, service, and resale value. The procurement process will be governed by the City of Danville's Procurement Code, with the city reserving the right to reject any or all offers and waive informalities and minor irregularities.

The RFP does not specify any set-aside designations or specific restrictions on the types of organizations that can respond to the solicitation. Based on the available documentation, there is no explicit indication of preferences for disadvantaged enterprises or small businesses. The procurement documents do not provide detailed information about an incumbent vendor, though the Intent to Award document suggests Utility Financial Solutions as the intended awardee. No specific budget range or maximum contract value is explicitly stated in the provided materials. The City of Danville expects to award a contract for the required services, with the ultimate goal of obtaining comprehensive utility rate analysis and recommendations to support their financial and operational planning. Potential respondents should carefully review the full RFP documentation to understand the complete scope of requirements and expectations for this procurement opportunity.