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HomeMy WebLinkAbout06.a. Authorize amendment to agreement with Raftelis Financial Consultants to develop a financial plan for the Comprehensive Wastewater Master Plan and perform other studiesCentral Contra Costa Sanitary District BOARD OF DIRECTORS POSITION PAPER 6.a. Board Meeting Date: July 21, 2016 Subject: AUTHORIZE THE GENERAL MANAGER TO AMEND A PROFESSIONAL SERVICES AGREEMENT WITH RAFTELIS FINANCIAL CONSULTANTS, INC. TO DEVELOP A FINANCIAL PLAN FOR THE COMPREHENSIVE WASTEWATER MASTER PLAN AND PERFORM OTHER STUDIES Submitted By: Initiating Dept/Div.: Danea Gemmell Engineering/Planning and Development Planning and Development Services Service REVIEWED AND RECOMMENDED FOR BOARD ACTION: JM. Petit — Director of Engineering and Technical Services K. Alm Counsel for the Distri xJ I l Roger S. Bailey General Manager ISSUE: In accordance with purchasing procedures, Board authorization is required for the General Manager to execute a professional services agreement in an amount greater than $100,000. RECOMMENDATION: Authorize the General Manager to amend a Professional Services Agreement with Raftelis Financial Consultants, Inc. (RFC) in an amount not to exceed $95,694 (cumulatively, $545,564) to develop a financial plan for the Comprehensive Wastewater Master Plan and perform other studies. FINANCIAL IMPACTS: Adequate funds to cover this contract amendment are available in the Planning and Development Services Fiscal Year (FY) 2016,17 Operations and Maintenance budget, which was approved by the Board on June 2, 2016. ALTERNATIVES/CONSIDERATIONS: The Board could decide not to authorize an amended agreement with RFC for the financial plan for the Comprehensive Wastewater Master Plan finance plan and other studies; however this will result in a delay to the overall Master Plan schedule and could impact the financing of Master Plan improvements and rate setting for the FY 2017-18 sewer service rates. BACKGROUND: At its June 14, 2014 meeting, the Board approved an agreement with RFC for an amount not to exceed $400,000 to perform a wastewater Cost of Service Study and Staffing Needs Assessment. Subsequent agreement amendments by staff (#1 on June 4, 2015 and #2 on January 20, 2016) added $49,870 for additional tasks and extended the work schedule to December 31, 2016. That work has been completed and the results were accepted by the Board and included in the Board's consideration of the recently approved FY 2016-17 Budget. Page 1 of 2 POSITION PAPER Board Meeting Date: July 21, 2016 Subject AUTHORIZE THE GENERAL MANAGER TO AMEND A PROFESSIONAL SERVICES AGREEMENT WITH RAFTELIS FINANCIAL CONSULTANTS, INC. TO DEVELOP A FINANCIAL PLAN FOR THE COMPREHENSIVE WASTEWATER MASTER PLAN AND PERFORM OTHER STUDIES In summary, this proposed Amendment #3 would extend the work schedule to July 31, 2017 and require RFC to assist the District with: 1. Developing a Financial Plan for the Comprehensive Wastewater Master Plan, based on an analysis of revenue requirements over a 20 -year period, and identifying any proposed rate increases for FY 2017-18. The initial rate review will be completed by March 2017 to meet the notification requirements of Proposition 218. 2. Updating the Cost of Service model with FY 2016-17 budget data, revising the model to segregate Recycled Water costs from wastewater treatment costs and comparing it to the prior model's FY 2015-16 data in order to make any necessary adjustments. 3. Reviewing Commercial Capacity Fee Audit data and recommending best management practices and more efficient methodologies to implement and collect capacity fees. 4. Analyzing the District's Mixed Use Rate data and providing recommendations for streamlining the rate structure. RECOMMENDED BOARD ACTION: Authorize the General Manager to amend a Professional Services Agreement with Raftelis Financial Consultants, Inc. in an amount not to exceed $95,694 (cumulatively, $545,564) to develop a financial plan for the Comprehensive Wastewater Master Plan and perform other studies. • Page 2 of 2