Water Rate Study - Districts 1, 17, 19, & 38

Project Description: The Ventura County Waterworks Districts and Service Areas, will accept Statement of Qualifications (SOQ) from firms to perform a cost of service study, validate the approved rate structure models, and recommend rates that generate adequate revenue to cover: current and future operations and maintenance costs based on established and anticipated regulations and industry best management practices; rate stabilization; capital repair and replacement costs based on age and condition of infrastructure and systems; major Capital Improvement project costs; an adequate reserve fund; required debt coverage; and necessary studies to maintain an efficient and resilient utility.