RFP 26-054-2230 Financial Plan, Rate Analysis, and...
Key Dates
Due Date
-
Posted Date
-
Agency & Value
Agency
City of Chesapeake
Contract Value
Not provided
Codes & Classification
Solicitation Number
RFP 115743
NAICS
—
Classification Code
—
Additional Details
The City of Chesapeake, Virginia, is seeking qualified offerors to provide a comprehensive Financial Plan, including a Rate Analysis and Cost of Services Study, for its Public Utilities Department. This procurement initiative aims to support the Department in evaluating its current financial structure, analyzing utility rates, and assessing the cost of services to ensure sustainable and equitable utility operations. The intended outcome is to equip the City with actionable insights and recommendations that will inform future rate-setting, budgeting, and strategic planning for public utilities.
Offerors are expected to deliver a thorough financial plan that encompasses a detailed rate analysis and a cost of services study. The scope of work will likely involve reviewing existing financial data, benchmarking against industry standards, and proposing methodologies for rate adjustments and cost allocations. The deliverables should provide the City with a clear understanding of its financial position, the true cost of delivering utility services, and options for rate structures that align with both fiscal responsibility and community needs.
The contracting entity for this opportunity is the City of Chesapeake, a state-level organization located in Virginia (State Code: VA). The procurement is managed through the City’s Public Utilities Department. Interested parties must submit their proposals electronically via the OpenGov portal at https://procurement.opengov.com/portal/cityofchesapeakeva/projects/221869. Additional information and official notice details can be accessed through the SLED Notice URL: https://mvendor.cgieva.com/Vendor/public/IVDetails.jsp?PageTitle=SO%20Details&rfp_id_lot=115743&rfp_id_round=0.
The procurement identifier for this solicitation is RFP 115743. The notice was posted on December 3, 2026, with responses due by April 13, 2026, at 14:04. While the notice type and set-aside requirements are not specified, contractors should note that all proposal documents and submissions must be completed electronically, and no attachments or additional documents are currently provided.
This opportunity is well-suited for firms with expertise in municipal financial planning, utility rate analysis, and cost of service studies. Contractors should be prepared to demonstrate relevant experience and capacity to deliver a robust financial assessment tailored to the needs of a public utilities department. The requirements and objectives outlined in this solicitation are expected to remain constant throughout the contract lifecycle, focusing on delivering a comprehensive financial plan that supports the City’s long-term utility management goals.