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Financial Rate and Management Consulting Services

Overview


Management Consulting & Admin Support
Nashville, Tennessee, United StatesPosted: July 10th, 2026Deadline: July 30th, 2026

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SUMMARY


A Nashville government authority is soliciting consulting services for utility rate analysis, cost of service studies, budgeting, and financial forecasting for water, sewer, and stormwater operations. The engagement includes policy review, rate design recommendations, and long-term financial planning support.

KEY REQUIREMENTS


TIMELINE


July 10th, 2026 - Solicitation Opens

July 15th, 2026 - Pre-Offer Meeting

July 15th, 2026 - Amendment #1 Published

July 20th, 2026 - Deadline to Submit Questions

July 22nd, 2026 - Amendment #2 Published

July 30th, 2026 - Solicitation Closes

July 31st, 2026 - Responsive Offers Provided to Evaluation Committee

August 6th, 2026 - Evaluation Committee Meeting

August 20th, 2026 - Intent to Award Issued

August 31st, 2026 - Protest Period Ends

September 4th, 2026 - Contract Sent to Awarded Supplier

September 10th, 2026 - Contract Routes for Signature

September 24th, 2026 - Sourcing Process Complete

QUESTION DEADLINE


July 20th, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


Metropolitan Government Of Nashville And Davidson County

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DESCRIPTION


A government authority in Nashville, Tennessee is seeking a vendor to provide financial rate and management consulting services related to water, sewer, and stormwater utilities. The selected consultant will evaluate current rate designs, identify appropriate rate structures based on industry conditions and management input, and establish rates grounded in cost or value of service. The work also includes recommending an implementation plan for cost- or value-based rates.

The consultant will develop cost of service studies for water, sewer, and stormwater functions, determining cost of service by major function and allocating cost components to customer classes to compute cost-based rates. Additional responsibilities include reviewing the adequacy of current financial policies and operational planning activities, analyzing annual capital and operating budgets, preparing required reports, and assessing long-term rate impacts with recommendations to help minimize necessary rate increases.

The scope further includes forecasting support across a range of areas, including customer accounts, water demand, wastewater flow, revenues, operating expenses, capital spending, financing, cash reserves, debt service, debt coverage, and scenario or sensitivity analysis. Econometric or statistical modeling may also be required where appropriate. A pre-bid meeting is scheduled for July 15, 2026, and questions must be submitted by July 20, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due July 30, 2026. Questions must be submitted by July 20, 2026.
Who issued this RFP?
It was issued by Metropolitan Government Of Nashville And Davidson County. The work is located in Nashville, Tennessee, United States.
Who is a good fit for this opportunity?
  • Utility financial consulting firm with water, wastewater, and stormwater rate-setting expertise
  • Experience conducting cost of service and rate design studies for public utilities or municipalities
  • Strong capabilities in financial forecasting, budgeting, and capital planning
  • Expertise in econometric, statistical, and scenario-based financial modeling
  • Familiarity with utility financial policies, debt service analysis, and reserve planning
  • Proven track record supporting government authorities or metropolitan water services agencies

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