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Title:
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APPROVAL OF PROFESSIONAL SERVICE AGREEMENT WITH UNIVERSITY OF CALIFORNIA RIVERSIDE (UCR) FORECAST LLC (RFP # 1568) AND WORK ORDER NO. 1612539 FOR ECONOMIC BENEFIT ANALYSIS CONSULTING SERVICES FOR $72,000
That the Board of Public Utilities:
1. Approve Work Order No. 1612539 in the amount of $72,000 for the development of a comprehensive consumer economic benefit analysis that identifies the value of ownership and operation of Riverside Public Utility’s community municipal public water and electric utility;
2. Approve the Professional Services Agreement with UCR Forecast LLC for the development of a comprehensive consumer economic benefit analysis that identifies the value of ownership and operation of Riverside Public Utility’s community municipal public water and electric utility in the amount of $66,000 and authorize staff to issue change orders to this agreement in an amount not-to-exceed $6,000; and
3. Authorize the City Manager, or his designee, to execute all do...
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