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HomeMy WebLinkAbout5818RESOLUTION NO. 5818 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF AUBURN AND FINANCIAL CONSULTING SOLUTIONS GROUP, INC. TO CONDUCT A COMPREHENSIVE RATE STUDY FOR THE WATER, SANITARY SEWER AND STORM DRAINAGE UTILITIES WHEREAS, the City of Auburn operates and maintains water, sanitary sewer and storm drainage utilities for the benefit of its residents and businesses; and WHEREAS, it is necessary to periodically review and adjust utility rates to ensure the financial sustainability of these essential services; and WHEREAS, the City's current rate structure for water, sanitary sewer and storm drainage utilities will expire on December 31, 2025; and WHEREAS, the City has determined that a comprehensive rate study is necessary to establish fair and equitable rates for the period of 2026-2028; and WHEREAS, the City has satisfied itself that Financial Consulting Solutions Group, Inc., ( "FCS Group") has the requisite knowledge, experience and ability to perform the tasks set forth in the attached Agreement for Services ("Agreement"); NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, RESOLVES as follows: Section 1. The Mayor is authorized to execute an agreement between the City and FCS Group, which agreement will be in substantial conformity with the Agreement attached hereto. Section 2. The Mayor is authorized to implement those administrative procedures necessary to carry out the directives of this Resolution. Resolution No. 5818 February 25, 2025 Page 1 of 2 Rev, 2024 Section 3. This Resolution will take effect and be in full force on passage and signatures. Dated and Signed this 17th day of March, 2025. ATTEST: Shawn Campbell, MMC, City Clerk Resolution No. 5818 February 25, 2025 Page 2 of 2 CITY OF AUBURN NANCY APP VED. S TO FOR --" Ja on Whalen, City Attorney Rev. 2024 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 1 of 14 CITY OF AUBURN AGREEMENT FOR SERVICES Auburn 2025 Utility Rate Studies. THIS AGREEMENT made and entered into on this _______ of , 2025, by and between the CITY OF AUBURN (“City”), a municipal corporation of the State of Washington, and Financial Consulting Solutions Group, Inc., a Washington corporation (“FCS GROUP” or “Provider”), whose address is 7525 166th Ave NE, Suite D-215, Redmond, WA 98052. In consideration of the conditions and the mutual promises and covenants contained in this Agreement, the parties agree as follows: 1. Scope of Services The Provider agrees to perform the tasks described in Exhibit A to this Agreement. The Provider will be responsible for providing work products and services of a quality and professional standard acceptable to the City. Without additional compensation, the Provider will correct or revise any negligent errors, omissions or other deficiencies in any required plans, designs, drawings, specifications, reports and/or other services, whether during or after the Term of this Agreement. The City’s approval of Provider’s services will not in any way relieve the Provider of responsibility for service accuracy and adequacy. 2. Additional Services The Parties will amend this Agreement if additional services are required beyond those specified in Exhibit A and/or included in the compensation amount for this Agreement. An amendment must be written and agreed to by the Parties before Provider performs any additional services, and it must specify the nature, scope, and payment terms for the additional services. If the time period for completing additional services makes the advance signing of an amendment impractical, the Provider agrees to perform only the additional services requested in writing by an authorized City representative pending the signing of an Amendment as set forth in this Section. The invoice procedure for any additional services is described in Section 4 of this Agreement. 3. Provider’s Representations & Qualifications The Provider represents and warrants that it has all the required licenses, certifications and qualifications to perform the services in this Agreement. Provider represents that its signatory to this Agreement has the requisite legal authority to bind Provider to the terms and conditions of this Agreement. 4. Compensation a. As compensation for the Provider’s performance of this Agreement, the City will pay the Provider the fees and costs specified in Exhibit B. The City’s payments will Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 April2 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 2 of 14 fully compensate Provider for work performed/services rendered and for all labor, materials, supplies, equipment, overhead, profit, and incidentals necessary for Provider to complete the work. b. The Provider will submit monthly invoices or statements to the City detailing the time spent on Exhibit A tasks. Upon its acceptance of the invoice or statement, the City will process it in its next billing/claim cycle, and will remit payment to the Provider (subject to any conditions or provisions in this Agreement or an Amendment). This Agreement’s number must appear on all submitted invoices. Provider will submit copies of any documents supporting an invoice or statement to the City upon request. c. The not-to-exceed amount for this agreement is $____123,660.00__, inclusive of applicable tax. The Provider will not undertake any work or otherwise financially obligate the City in excess of this not -to-exceed amount without the City’s advance written authorization. d. City payments to the Provider after the current year are contingent on available funds. 5. Time for Performance, Term, and Termination of Agreement a. The Provider will begin no work under this Agreement until authorized by the City in writing. The term of this Agreement commences on the date that the last party signs it (as reflected on the signature page). Once commenced, Provider shall complete the performance of all services in Exhibit A on or before December 31, 2025, unless the Parties otherwise agree in writing. b. Termination for cause. Either party may terminate this Agreement for cause with written notice to the other party. A termination is “for cause” if a party substantially fails to perform in accordance with the terms of this Agreement through no fault of the other party. The notice will specify the termination reason(s) and its effective date. If the City terminates this Agreement for cause, all City payments otherwise due to Provider will be suspended and the City will have no further obligations to Provider. c. Termination for Convenience. The City may terminate this Agreement for convenience upon at least 7 days’ written notice to the Provider. The notice shall contain the termination effective date. If the termination is through no fault of the Provider, the City will compensate Provider for services performed up to the termination effective date in accordance with the Exhibit B compensation rate. This compensation will fully satisfy the City’s obligations under this Agreement, and will discharge the City from any further obligations and liabilities to the Provider (including any Provider claims of anticipated profits or other consequential damages resulting from the termination). d. Upon receipt of any termination notice, the Provider will promptly discontinue all services and deliver to the City all data, drawings, specifications, reports, summaries, and such other information and materials the Provider has Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 3 of 14 accumulated, prepared, or obtained in performing this Agreement (whether fully or partially completed). e. The rights and remedies in this Section do not exclude any other legal or equitable rights or remedies available to the City. 6. Ownership and Use of Documents The City will own all documents, reports, memoranda, diagrams, sketches, plans, surveys, design calculations, working drawings and any other materials that the Provider creates or prepares in performing this Agreement (the “Work Products”). The City may use these work products for any lawful purpose. Provider acknowledges that this Agreement and the work products are public records subject to RCW 42.56 unless exempt from public records disclosure requirements. The Provider agrees to fully assist the City in identifying, locating, and copying any records Provider possesses that the City determines in its sole discretion are responsive to a Public Records request. 7. Records Inspection and Audit All City payments are subject to adjustment for any amounts found upon audit or otherwise to have been improperly invoiced. The City may inspect and audit any Provider records and books of account pertaining to any work performed under this Agreement for up to 3 years after the City’s final payment to Provider. If any litigation, claim, dispute, or audit is initiated before this 3 year period expires, Provider shall retain all records and books of account for any work performed under this Agreement until final resolution of any such litigation, claim, dispute, or audit. 8. Continuation of Performance If any dispute or conflict arises between the parties while this Agreement is in effect, the Provider agrees to cooperate and continue in good faith toward successful completion of its responsibilities under this Agreement notwithstanding such dispute or conflict. 9. Independent Contractor The Provider will perform the services as an independent contractor, and will not be deemed by virtue of this Agreement or the performance of it to be in a partnership, joint venture, employment, or other relationship with the City. Nothing in this Agreement creates any contract relationship between the City and the Provider’s employees, agents, or subcontractors. 10. Administration of Agreement This Agreement will be administered by Sergey Tarasov, Principal, on behalf of the Provider, and by the City Mayor (or designee) on behalf of the City. 11. Notices Notices or communications permitted or required under this Agreement will be written and delivered to the following addresses: Notice to the City: Notice to Provider: Attn: Frank Downard Attn: Sergey Tarasov Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 4 of 14 City of Auburn 25 West Main St Auburn WA 98001-4998 Phone: 253.804.5095 Fax: 253.931.4005 Email: fdownard@auburnwa.gov FCS Group 7525 166th Ave NE, Suite D-215 Redmond, WA 98052 Phone: 425.867.1802 ext. 247 Fax: 425.867.1937 Email: sergey.tarasov@bowman.com Either party may change its above address by giving written notice to the other party. Notices to non-parties will be delivered as designated by a party to this Agreement. 12. Insurance a. Insurance Term. The Provider shall procure and maintain for the duration of the Agreement, insurance against claims for injuries to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the Provider, its agents, representatives, or employees. b. No Limitation. The Provider’s maintenance of insurance as required by the Agreement shall not be construed to limit the liability of the Provider to the coverage provided by such insurance, or otherwise limit the City’s recourse to any remedy available at law or in equity. c. Minimum Scope of Insurance. The Provider shall obtain insurance of the types and coverage described below: 1. Automobile Liability insurance covering all owned, non-owned, hired and leased vehicles. Coverage shall be at least as broad as Insurance Services Office (ISO) form CA 00 01. 2. Commercial General Liability insurance shall be at least as broad as ISO occurrence form CG 00 01 and shall cover liability arising from premises, operations, stop-gap independent contractors and personal injury and advertising injury. The City shall be named as an additional insured under the Provider’s Commercial General Liability insurance policy with respect to the work performed for the Public Entity using an additional insured endorsement at least as broad as ISO endorsement form CG 20 26. 3. Workers’ Compensation coverage as required by the Industrial Insurance laws of the State of Washington. 4. Professional Liability insurance appropriate to the Provider’s profession. d. Minimum Amounts of Insurance. The Provider shall maintain the following insurance limits: Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 5 of 14 1. Automobile Liability insurance with a minimum combined single limit for bodily injury and property damage of $1,000,000 per accident. 2. Commercial General Liability insurance shall be written with limits no less than $2,000,000 each occurrence, $2,000,000 general aggregate. 3. Professional Liability insurance shall be written with limits no less than $2,000,000 per claim and $2,000,000 policy aggregate limit. e. Other Insurance Provision. The Provider’s Automobile Liability and Commercial General Liability insurance policies are to contain, or be endorsed to contain that they shall be primary insurance as respect the City. Any insurance, self-insurance, or self-insured pool coverage maintained by the City shall be excess of the Provider’s insurance and shall not contribute with it. f. Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best rating of not less than A:VII. g. Verification of Coverage. The Provider shall furnish the City with original certificates and a copy of the amendatory endorsements, including but not necessarily limited to the additional insured endorsement, evidencing the insurance requirements of the Agreement before commencement of the work. h. Notice of Cancellation. The Provider shall provide the City with written notice of any policy cancellation within two business days of their receipt of such notice. i. Failure to Maintain Insurance. Failure on the part of the Provider to maintain the insurance as required shall constitute a material breach of contract, upon which the City may, after giving five business days’ notice to the Provider to correct the breach, immediately terminate the Agreement or, at its discretion, procure or renew such insurance and pay any and all premiums in connection therewith, with any sums so expended to be repaid to the City on demand, or at the sole discretion of the City, offset against funds due the Provider from the City. j. City Full Availability of Consultant Limits. If the Provider maintains higher insurance limits than the minimums shown above, the City shall be insured for the full available limits of Commercial General and Excess or Umbrella liability maintained by the Provider, irrespective of whether such limits maintained by the Provider are greater than those required by this Agreement or whether any certificate of insurance furnished to the City evidences limits of liability lower than those maintained by the Provider. 13. Indemnification/Hold Harmless Provider shall defend, indemnify and hold the City and its officers, officials, employees, and volunteers harmless from any and all claims, injuries, damages, losses, or suits of every kind, including attorney fees and litigation expenses, arising out of or resulting from the acts, errors, or omissions of the Provider, its employees, agents, representatives, or subcontractors, including employees, agents, or representatives of its subcontractors, made Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 6 of 14 in the performance of this Agreement, except for injuries and damages caused by the sole negligence of the City. However, should a court of competent jurisdiction determine that this Agreement is subject to RCW 4.24.115, then, in the event of liability for damages arising out of bodily injury to persons or damages to property caused by or resulting from the concurrent negligence of the Provider and the City, its officers, officials, employees, and volunteers, the Provider’s liability, including the duty and cost to defend, hereunder shall be only to the extent of the Provider’s negligence. It is further specifically and expressly understood that this indemnification constitutes the Provider’s waiver of immunity under Industrial Insurance, Title 51 RCW, solely for the purposes of this indemnification. This waiver has been mutually negotiated by the parties. The provisions of this section will survive the expiration or termination of this Agreement. 14. Assignment Neither party to this Agreement may partially or wholly assign any right or obligation in it without the other party’s prior written consent. No assignment or transfer of any interest under this Agreement will release the assignor from any liability or obligation under this Agreement, or cause any such liability or obligation to be reduced to a secondary liability or obligation. 15. Nondiscrimination The Provider may not engage in any unfair practice identified in RCW 49.60.180 and/or 42 U.S.C. §2000e-2 in the performance of any services or activities under this Agreement (either directly or through contractual, hiring, or other arrangements). 16. Amendment, Modification and Waiver No amendment, modification, or waiver of any condition, provision, or term of this Agreement will be valid or effective unless written and signed by the party to be bound (or the party’s authorized representative), specifying the nature and extent of such amendment, modification or waiver. Any waiver, approval or acceptance, or payment by any party will not affect or impair that party’s rights arising from any default by the other party. 17. Parties in Interest This Agreement will bind (and its benefits and obligations will inure to) the parties and their respective successors and assigns. This section will not permit any transfer or assignment otherwise prohibited by this Agreement. This Agreement is for the exclusive benefit of the parties, and it does not create a contractual relationship with or exist for the benefit of any third party (including contractors, sub-contractors and sureties). 18. Force Majeure Delays in performing this Agreement will be excused to the extent caused by acts outside a party’s control, such as fires, cyber/ransomware attacks, earthquakes, floods, explosions, actions of the elements, riots, mob violence, strikes, pandemics, labor strikes or lockouts, and state or federal government emergency orders. Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 7 of 14 19. Applicable Law/Attorneys’ Fees and Costs This Agreement and the rights of the parties under it will be governed by the laws, regulations, and ordinances of the City, King County, and the State of Washington. Venue for any legal actions involving this Agreement will be in the county where the property or project is located, or in King County if not site specific. The prevailing party in any such legal action shall be entitled to an award of their reasonable attorneys’ fees and costs. An applicable statute of limitation will commence no later than the Provider’s substantial completion of the services in this Agreement. 20. Captions, Headings and Titles All captions, headings or titles in the paragraphs or sections of this Agreement are inserted for convenience of reference only and will not act to limit the scope of their particular paragraph or section. Where appropriate, the singular will include the plural (and vice versa), and masculine, feminine and neuter expressions will be interchangeable. This Agreement has been drafted by mutual agreement of the parties, and it will be interpreted and/or constructed without regard to its drafter. 21. Severable Provisions Each provision of this Agreement is intended to be severable. The illegality or invalidity of any provision in this Agreement will not affect the validity of the Agreement’s remaining provisions. 22. Entire Agreement This Agreement (together with any subsequent amendments or addendums) contains the entire understanding of the parties regarding its subject matter, and it supersedes all prior oral or written representations, agreements and understandings between the parties. No other oral or written understandings regarding this Agreement shall bind any party. 23. Non-Availability of Funds Every City obligation under this Agreement is contingent on the availability of appropriated or allocated City funds. If funds required for the City’s performance are not allocated and available, the City may terminate this Agreement at the end of the available funding period and without the required Section 5 seven days’ notice. The City will not be liable if it exercises this provision, and will not be obligated or liable for any future payments or damages as a result of termination under this Section. 24. Counterparts This Agreement may be executed in multiple counterparts, with each counterpart being one and the same Agreement, and the Agreement will become effective when one or more counterparts have been signed by each of the parties and delivered to the other party. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed effective the day and year first set forth above. Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 8 of 14 CITY OF AUBURN FCS GROUP _____________________________ Nancy Backus, Mayor Signature Name: Title: Date: ________________________________ Approved as to form: _____________________________ Jason Whalen, City Attorney Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 4/1/2025 Principal Sergey Tarasov [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 9 of 14 EXHIBIT A City of Auburn Utility Rate Study The following work task plan has been developed to complete a Water, Sewer and Stormwater Utility Rate Study for the City of Auburn (City). The City’s needs were identified through discussion with Frank Downard, Financial Planning Manager with the City of Auburn and Ryan Vondrak, P.E., Utilities Engineering Manager with the City of Auburn. The City has recently finalized implementing the three-year rate plan developed during the 2022 rate study and would like to update the analysis for the next multi- year rate setting period. The tasks to be provided as part of this scope are described below. TASK PLAN Task 1 | Initial Project Meeting An initial project meeting will be scheduled at the commencement of the project with the consultant and the City project team. Meeting participants would include a representative from departments that can address issues related to finance, engineering, operations, customer service and administration. The intent of the meeting is to confirm the goals and objectives of the overall rate study and focus the efforts of the project team. The items covered at the meeting include reviewing the scope of work; identifying project objectives, expectations and deliverables; outlining the project schedule and key milestone review points; and discussing appropriate lines of communication. Task 2 | Data Collection FCS GROUP will provide a data needs list encompassing historical and projected revenue, expenses, fiscal policies, capital plans, fund balances and comprehensive planning documents. The data will be reviewed, analyzed and validated for inclusion in the study process. Task 3 | Customer Data Validation A detailed customer billing statistics validation will be completed for the water, sewer and stormwater utilities. Individual customer data including number of accounts, meter size, equivalent residential units and billing usage patterns (annual use, winter use and summer use) will be evaluated and validated against actual revenues collected. This revenue reconciliation will identify anomalies to be corrected prior to developing future projections for customer counts and use / demand under “normal” conditions. Validation of the customer statistics data set with customer demands and revenue generation is critical to the rate study as it establishes the foundation for all of the major analytical phases (revenue requirement, cost of service and rate design). Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 10 of 14 Task 4 | Revenue Requirement Update This task updates and develops a sustainable, multi-year financial management plan that meets the projected total financial needs of the water, sewer and stormwater utilities through the generation of sufficient revenue. Annual cash flow needs are developed by identifying expenses incurred to operate and manage the systems including: • Capital investment funding (improvements, expansion, and replacement) • Expenses incurred to operate, maintain, and manage the systems • Debt repayment • Cash flow needs • Fiscal policy achievement Tasks are as follows: » Update the forecast of operating revenues and expenses to reflect the most recent approved budgets. Adjust for any known future changes in annual non-capital costs associated with the operation, maintenance, and administration of each of the systems. Changes may include additional staffing needs and other operating costs associated with maintaining the system along with initiating new or enhanced program activities. » Incorporate the most recent capital plans identifying the capital projects required to maintain each system in good repair. Develop a capital funding analysis that balances available funding from rate revenue, reserve funds, contributions and additional debt, if needed. » Evaluate cash flow needs to meet existing and anticipated new annual debt service requirements and debt coverage requirements. » Test the sufficiency of each system’s current revenues in meeting all annual system obligations. Identify any projected shortfalls over the forecast period. Rate revenue sufficiency will be tested from two perspectives: the ability to meet all cash obligations, and the attainment of any debt coverage requirements. » Design a rate implementation strategy that meets each system’s financial obligations over the multi- year planning horizon and provides smooth and moderated impacts to ratepayers. » Develop rate scenarios to evaluate the impact of changes to key variables such as funding sources, growth rates, capital project need and timing, or others identified by the City. The budget includes three (3) alternative scenarios for each utility. Task 5 | Cost of Service Update The cost-of-service analysis (COSA) establishes a defensible basis for assigning “cost shares” and establishing “equity” for system customers based on industry best practices and methodologies that are tailored to the City’s unique systems and customer characteristics. The COSA will utilize the methodology established during the previous update, which developed a series of functional allocations that distribute cost pools to classes of customers linked to a proportionate share of costs required to serve their demand. Specific consideration will be given to total utility costs in relationship to the functions identified below. Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 11 of 14 Water Sewer Stormwater • Customer • Base capacity (avg. demand) • Peak capacity (peak demand) • Meters and Services • Fire • Customer • Flow • Strength (BOD/TSS) • Base • Use This analytical exercise will identify the cost to serve each customer class within the water, sewer and stormwater systems. In addition, the cost-of-service analysis will identify the cost based unit costs, which will be used to inform the rate design process. Task 6 | Rate Design The rate design task will evaluate existing rate structures for alignment with the City’s current and/or recommended fiscal policies, generate sufficient revenue to meet the revenue requirement forecast, and resolve COSA differences, if any. Key task outcomes include the following. Align rates with cost-based unit costs. Review and adjust, if necessary, fixed and variable cost recovery. Bill Comparisons will be generated describing the number of and degree to which different customers are impacted by changes in the current rate structures. A comparison will be prepared for the impact of each rate structure (including the existing rate structure) on typical bills of representative customers from each customer class. Task 7 | System Development Charge Update A system development charge (SDC) is a one-time charge imposed as a condition of service on new development or on expanded connection to the system. The charge represents a prorated share of the capital investment made to provide system capacity. The SDC is calculated based on the intent and structure of the Revised Code of Washington (RCW) statute for Water-Wastewater Cities (RCW 35.092.025). In general, each connection shall bear a proportional share of the cost of the system capacity required. This task will focus on updating the City’s existing SDCs for each system utilizing the work started during the 2024 financial chapter analysis. The SDC shall reflect an updated inventory of existing system assets, the most recent approved capital improvement program costs related to growth and capacity supported by the infrastructure identified as part of the system plan updates. Task 8 | Wholesale Rate Update The wholesale water rates will be updated based on the methodology established in the prior studies and will be consistent with the wholesale service agreements / service requirements and incorporate existing conditions. Allocable asset infrastructure and utility costs will be assigned to wholesale customer to be included in the rate development. Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 12 of 14 Task 9 | Tacoma Supply Surcharge Update Update the Tacoma Water Supply Surcharge applicable to water rates (retail and wholesale) developed during the 2022 Rate Study. The surcharge is intended to cover the additional cost to the City for Tacoma water purchases required to meet demands when the City water resources are not sufficient. The Tacoma supply is more costly than the City’s own resources and is used on a limited basis or for unexpected events. The surcharge passes these additional costs on to customers only when / if Tacoma water supply is required rather than building the cost of this contingency into ongoing revenue requirements. Task 10 | Meetings & Presentations During the study process, it will be important to interact frequently with staff throughout the project, to ensure that the findings and recommendations reflect approaches that are understood by impacted parties and can be implemented within the City’s administrative practices. Review meetings are anticipated to be conducted via remote session. The following meetings are budgeted: Eight (8) staff project team meetings to review study results at key milestones. Two (2) – two (2) hour meetings with City staff to review draft revenue requirement results for all utilities. Two (2) – two (2) hour meetings with City staff to review draft COSA. Two (2) – one (1) hour meetings with City staff to review draft rate design and SDCs for all utilities. Two (2) – one (1) hour meetings with City staff to review draft wholesale analysis and Tacoma Supply Charge. Three (3) workshop / presentations with City Council to present the study results and incorporate feedback. The meetings are anticipated to be performed onsite. One (1) workshop with City Council to review preliminary revenue requirement findings for all utilities. Includes presentation development. One (1) workshop with City Council to review preliminary cost of service and rate design. Includes presentation development. One (1) workshop / Public Hearing with City Council and / or Public to review rate study findings and recommendations. We are happy to provide additional meetings as requested. The additional meetings will be billed on a time and materials basis. Task 11 | Documentation An executive level report documenting the rate study methodology, key assumptions, results and recommendations will be provided. The technical information referenced in the report will be available in the provided Excel based models. Included will be one (1) electronic copy of each of the utility’s rate models and final report. Management Reserve Fund This scope includes a management reserve fund for any unanticipated tasks, which may include, but are not limited to the development of additional rate strategies, alternative rate designs or meetings / presentations. This portion of the budget will only be accessible through written authorization. Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 13 of 14 BUDGET The total proposed level of effort to complete the Water, Sewer and Stormwater Utility Rate Study Update is summarized below. Our normal billing practice is to bill based on time and materials actually expended, not-to-exceed the total budget. Water Sewer Stormwater Combined Task 2 | Data collection 1,190$ 1,190$ 1,190$ 3,570$ Task 3 | Customer data validation 3,710 3,350 2,990 10,050 Task 4 | Revenue requirement update 8,240 7,880 7,160 23,280 Task 5 | Cost of service update 6,330 5,500 5,500 17,330 Task 6 | Rate design update 2,570 2,100 2,210 6,880 Task 7 | System development charge update 4,840 4,840 4,480 14,160 Task 8 | Wholesale rate update 7,750 7,750 Task 9 | Tacoma supply surcharge update 5,730 5,730 Total Technical Tasks 40,360$ 24,860$ 23,530$ -$ 88,750$ Task 1 | Initial project meeting 1,820$ 1,820$ Task 10 | Meetings & presentations - - Review meetings (4 x 2 hr. | 4 x 1 hr. | remote)7,980 7,980 - Presentations (3 onsite)- - Development 6,690 6,690 - Attendance 6,320 6,320 Task 11 | Documentation 7,100 7,100 Total Process Tasks -$ -$ -$ 29,910$ 29,910$ TOTAL BUDGET 40,360$ 24,860$ 23,530$ 29,910$ 118,660$ Management Reserve Fund 5,000$ TOTAL BUDGET w. CONTINGENCY 40,360$ 24,860$ 23,530$ 29,910$ 123,660$ Technical Tasks TASK BUDGET Process Tasks Utility Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7 [Auburn 2025 Utility Rate Studies ] February 18, 2025 Page 14 of 14 EXHIBIT B Water Sewer Stormwater Combined Task 2 | Data collection 1,190$ 1,190$ 1,190$ 3,570$ Task 3 | Customer data validation 3,710 3,350 2,990 10,050 Task 4 | Revenue requirement update 8,240 7,880 7,160 23,280 Task 5 | Cost of service update 6,330 5,500 5,500 17,330 Task 6 | Rate design update 2,570 2,100 2,210 6,880 Task 7 | System development charge update 4,840 4,840 4,480 14,160 Task 8 | Wholesale rate update 7,750 7,750 Task 9 | Tacoma supply surcharge update 5,730 5,730 Total Technical Tasks 40,360$ 24,860$ 23,530$ -$ 88,750$ Task 1 | Initial project meeting 1,820$ 1,820$ Task 10 | Meetings & presentations - - Review meetings (4 x 2 hr. | 4 x 1 hr. | remote)7,980 7,980 - Presentations (3 onsite)- - Development 6,690 6,690 - Attendance 6,320 6,320 Task 11 | Documentation 7,100 7,100 Total Process Tasks -$ -$ -$ 29,910$ 29,910$ TOTAL BUDGET 40,360$ 24,860$ 23,530$ 29,910$ 118,660$ Management Reserve Fund 5,000$ TOTAL BUDGET w. CONTINGENCY 40,360$ 24,860$ 23,530$ 29,910$ 123,660$ Technical Tasks TASK BUDGET Process Tasks Utility Docusign Envelope ID: D257D659-68E4-4494-B703-BD756F90EEB7