Explanation
BACKGROUND: The Department of Public Utilities entered into a contract with Arcadis, Inc. for professional consulting services related to the continued development and update of cost of service studies; comprehensive rates, fee, and charge analysis; and general financial analysis services for the Director’s Office - Fiscal Section of the Department of Public Utilities.
The original contract was set for funds to be established each year of the three-year project. This modification will be to extend the contract for an additional year to provide time for completion of the costs of service studies for the Division of Water, the Division of Sewerage and Drainage, and the Division of Power, in addition to other tasks outlined in the original scope of services.
MODIFICATION:
Amount of additional funds to be expended: $0.00
Original Contract (PO040755) $165,000.00
Modification #1 (PO083788) $165,000.00
Modification #2 (PO153538) $165,000.00
Modification #3 (Pending) $ 0.00
Total $495,000.00
1. Amount of additional funds: Total amount of additional funds needed for this contract renewal (Mod No. 3) is $0.00. Total contract amount including this modification is $495,000.00.
2. Reason additional funds were not foreseen: There are no additional funds needed. This modification is for time only.
3. Reason other procurement processes were not used: This modification is to allow for the completion of the development and update of cost of service studies; comprehensive rates, fee, and charge analysis; and general financial analysis services.
4. How was cost determined: There are no additional costs with this modification.
SUPPLIER: Arca...
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