The City of Chesapeake, Virginia seeks a qualified vendor to provide comprehensive financial planning, rate analysis, and cost of study services for its water and sewer utilities. Services include evaluating project expenditure and revenue requirements, projecting customer growth and demand, and preparing a cash flow statement based on current rates, fees, and projected expenditures. The review process will follow a cost-of-service methodology, ensuring that rates and financial planning are equitable and sustainable.

The selected vendor will be responsible for developing multiple financing options to support the City's capital improvement and maintenance budgets. Additionally, they will review the master bond resolution to identify potential improvements. The contractor must also develop and provide an accessible financial platform and interface, enabling Public Utilities staff to project future rates, cash flows, and departmental financial dynamics over a five to ten-year window under varying scenarios. The contract will span one year.