COUNCIL AGENDA ITEM
SUBJECT:
title
Request to award and to authorize the City Manager to execute a contract to Gov Rates, Inc. for the Utility Rate Study Services (RFP 23-FN-15).
body
DEPARTMENT:
Finance
SUMMARY:
The City of Edgewater issued a Request for Proposals (RFP 23-FN-15) on November 30, 2023 with the sole purpose and intent of obtaining Proposals from qualified and licensed firms to provide Utility Rate Study Services.
This Solicitation was broadcast via the City’s E-Procurement Platform, as well as via DemandStar, and the State of Florida DMS, Office of Supplier Diversity site and was posted in City Hall.
On January 18, 2024, submittals were received from four firms and all were deemed responsive and responsible.
On February 1, 2024, the Evaluation Committee met and ranked the firms based on the published evaluation criteria as follows (Evaluation tabulation report is attached):
Rank Firm
1 Gov Rates, Inc.
2 Raftelis Financial Consultants, Inc.
3 Wildan Financial Services
4 Baker Tilly US LLP
The Committee discussed the possibility of asking the top-ranking firms to come in for presentations but determined by review of the written submittals alone, there was a clearly identified single top-ranked firm, so no oral presentations were sought.
BUDGETED ITEM: ☒ Yes ☐ No ☐ Not Applicable
440-5555-580.31-10
447-5555-580.31-10
448-5555-580.31-10
BUDGET AMENDMENT REQUIRED: ☐ Yes ☒ No ☐ Not Applicable
RECOMMENDED ACTION:
Motion to award and to authorize the City Manager to execute a contract to Gov Rates, Inc. for the Utility Rate Study Services (RFP 23-FN-15).