HomeMy WebLinkAbout2024 FCS Exhibit B - Budget Utility Rate Study Rexburg
7525 166th Ave NE, Ste D-215, Redmond, WA 98052
P: 425.867.1802
1 | City of Rexburg Utility Rate Study fcsgroup.com | bowman.com
Exhibit B
City of Rexburg Water, Sewer and Sanitation Utility Rate Study budget.
Our normal billing practice is to bill based on time and materials actually expended, not to exceed the
total budget. Although we have tried to estimate the level of effort by task, the amount billed for any
specific task may vary from the estimates shown above depending on the amount of time actually spent
on that task. We propose to complete the task plan outlined above for an amount not to exceed
$144,775. If the City would like to add a contingency amount for any unexpected requests that
may come up during the rate study process, a total budget of $150,000 would allow for $5,225 in a
contingency only to be used upon written authorization by the City project representative.
7525 166th Ave NE, Ste D-215, Redmond, WA 98052
P: 425.867.1802
2 | City of Rexburg Utility Rate Study fcsgroup.com | bowman.com
TotalEstimated
TASK Hours
TECHNICAL TASKS
Task 1 | Initial Project meeting (Remote - all systems)2 2 2 6 1,460$
Water Utility
Task 2 | Data collection 4 4 720$
- Customer statistics validation 4 24 28 5,300
Task 3 | Revenue requirement (multi-year financial plan)5 10 28 43 9,015
Task 4 | Cost of service 4 8 28 40 8,220
Task 5 | Rate design (2 alternatives)4 8 24 36 7,500
Task 6 | Capitalization Fee Update 6 12 32 50 10,530
Subtotal Water Utility 19 42 140 0 201 41,285$
Sewer Utility
Task 2 | Data collection 4 4 720$
- Customer statistics validation 4 24 28 5,300
Task 3 | Revenue requirement (multi-year financial plan)8 16 28 52 11,400
Task 4 | Cost of service 4 6 24 34 7,010
Task 5 | Rate design (2 alternatives)4 12 24 40 8,480
Task 6 | Capitalization Fee Update 4 8 28 40 8,220
Subtotal Sewer Utility 20 46 132 0 198 41,130$
Sanitation Utility
Task 2 | Data collection 4 4 720$
- Customer statistics validation 2 20 22 4,090
Task 3 | Revenue requirement (multi-year financial plan)5 10 28 43 9,015
Task 4 | Cost of service 4 6 24 34 7,010
Task 5 | Rate design (2 alternatives)2 8 20 30 6,170
Task 6 | Capitalization Fee Update (N/A)-
Subtotal Sanitation Utility 11 26 96 0 133 27,005$
TOTAL TECHNICAL 52 116 370 0 538 110,880$
PROCESS TASKS
Task 7 | Project review meetings/presentations
- Six (6) remote @ 2 hours each 12 12 12 36 8,760$
- Council Presentation materials #1 2 4 12 18 3,750
- Council Presentation (on-site)8 8 2,440
- Council Presentation materials #2 2 2 4 8 1,820
- Council Presentation Recommendations (on-site)8 8 2,440
Task 8 | Documentation 4 4 36 44 8,680
Project administration 12 9 21 4,605
TOTAL PROCESS TASKS 48 22 64 9 143 32,495$
Expenses (onsite meeting - 2)$1,400
TOTAL BUDGET 100 138 434 9 681 144,775$
Principal Project
Manager
Project
Consultant
Admin.
Support Total Budget