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Bid documents available: May 28th, 2026
Proposal deadline: June 18th, 2026
Final report submission goal: December 31st, 2026
Implementation of new rates: July 1st, 2027
Town Of Lexington
Organization overview and procurement intelligence available on paid plans.
The government authority in Lexington, Massachusetts is seeking professional consulting services to conduct a comprehensive water and sewer rate study. The selected vendor will examine and analyze the town’s current water and sewer enterprise fund financial condition, as well as assess the existing utility rate structure.
The goal of the study is to ensure long-term financial stability for the town’s water and sewer funds, including both operational needs and capital investments. The consultant will be responsible for proposing a modified rate structure that aligns with the town’s strategic priorities, along with developing a transition plan to shift from semi-annual to quarterly billing cycles.
The scope includes a thorough review of historical budgets and actual expenditures, projections for operational and capital expenses, evaluation of debt service, reserve levels, and revenue collection trends. All current revenue streams and rates for the enterprise funds must be documented, and all associated costs—such as personnel, operating expenses, capital investment, debt service, and indirect charges—must be identified and analyzed.
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