RFP 7-2025 Electric Cost of Service Analysis, Rate Study, & 5-Year Cash Requirements Projection

The Town of Front Royal has issued Request for Proposal (RFP) 7-2025 seeking qualified consulting firms to perform a comprehensive electric utility financial analysis. The procurement specifically requires a detailed Cost of Service Analysis, Rate Study, and Five-year Cash Requirements projection for the Town's Energy Services Department. Key deliverables include a thorough examination of current utility rates, development of proposed rate structures, and a financial projection model that covers short and long-term capital programs and associated debt service requirements. The proposal is designed to help the municipality develop a sustainable financial strategy for electric service delivery. The RFP was posted on April 17, 2025, with proposals due by May 15, 2025, giving potential respondents approximately 28 days to prepare and submit comprehensive documentation. Firms responding to this opportunity must demonstrate significant expertise in utility rate analysis, financial modeling, and municipal energy service financial planning.

While specific set-aside designations are not explicitly detailed in the provided documentation, the procurement appears to be open to professional consulting firms with demonstrated experience in utility financial analysis. The contract appears to be located within Stafford County, Virginia, suggesting potential local vendor preference might be considered. No incumbent vendor information or specific budget range was disclosed in the available documentation. The scope suggests a complex financial analysis project that will require advanced technical and financial modeling capabilities. Prospective respondents should be prepared to demonstrate extensive experience with municipal utility financial planning, rate structuring, and long-term capital projection methodologies. Interested firms will likely need to provide comprehensive documentation of their qualifications, previous similar project experiences, and detailed proposed approaches to completing the required financial analysis.