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CC - CONSENT: Approval of a Professional Services Agreement with NBS Government Finance Group, dba NBS to Prepare a Five (5) Year Sewer User's Service Charges Rate Study, for an Amount Not-to-Exceed $45,100.
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Contact Person/Dept.: Christopher Evans/PW, Mate Gaspar/PW
Phone Number: (310) 253-5621/(310) 253-5602
Fiscal Impact: Yes [x] No [] General Fund: Yes [] No [x]
Attachments: Yes [] No []
Commission Action Required: Yes [] No [x] Date:
Commission Name:
Public Notification: (E-Mail) Meetings and Agendas - City Council (04/06/2022); (E-Mail) RFP Respondents (04/06/2022)
Department Approval: Yanni Demitri, Public Works Director/City Engineer (03/31/2022)
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RECOMMENDATION
Staff recommends the City Council approve a professional services agreement with NBS Government Finance Group, dba NBS to Prepare a Five (5) Year Sewer User's Service Charges Rate Study, for an amount not-to-exceed $45,100.
BACKGROUND
Culver City assesses property owners a sewer user's service charge (SUSC) on their annual property tax bills. SUSC fee revenues enable the City to fund the operation, maintenance, repairs, and capital improvements to upgrade and improve the City sewer system along with conveyance of sewage to the City of Los Angeles' Hyperion Treatment Plant.
In 2019, the City issued a bond to fund needed improvements to the City sewer system. The 2019 sewer bond obligates the City to perform a Sewer User's Service Charges Rate Study (Study) that will provide a plan for maintaining system solvency into the future. The specific rate study scope of work is to:
* Evaluate existing sewer rates and rate equitability among user classifications.
* Develop a sewer cost of service and rate model for the City covering a five-year study period (Fiscal Years 2022/23 through 2026/27 or Fiscal Year 2023/24 through 2027/28) for both on-going operations and...
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