Loading...
HomeMy WebLinkAboutresolution.council.081-22EXHIBIT B RESOLUTION #081 (Series of 2022) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A CONTRACT BETWEEN RAFTELIS FINANCIAL CONSULTANTS, INC. (DBA RAFTELIS) AND THE CITY OF ASPEN FOR PROFESSIONAL SERVICES, AUTHORIZING THE CITY MANAGER TO EXECUTE SAID CONTRACT ON BEHALF OF THE CITY OF ASPEN, COLORADO WHEREAS, there has been submitted to the City Council a not -to -exceed contract between the City of Aspen and Raftelis Financial Consultants, Inc., which is attached hereto as Attachment A in the amount of $153,790 for professional services and fees associated with the Utility Water and Electric Rate Study and Plan; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, That the City Council of the City of Aspen hereby approves the contract between the City and Raftelis Financial Consultants, Inc., a copy of which is incorporated herein, for $153,790 and hereby does authorize the City Manager to execute said agreement on behalf of the City of Aspen INTRODUCED AND READ AND ADOPTED BY THE City Council of the City of Aspen on the 12th day of July 2022. Torre, Mayor I, Nicole Henning, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held, July 12, 2022. Nicole Henning, City Clerk DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 � � YRA► CITY OF ASPEN STANDARD FORM OF AGREEMENT CITY OF ASPEN PROFESSIONAL SERVICES City of Aspen Contract No.:2022-063 AGREEMENT made this 12 day of July, in the year 2022 BETWEEN the City: The City of Aspen c/o Tyler Christoff, Utilities Director 500 Doolittle Drive Aspen, Colorado 81611 Phone: (970) 920-5118 And the Professional: Raftelis Financial Consultants, Inc. c/o Todd Christiano 5619 DTC Parkway, Suite 850 Greenwood Village, CO 80111 Phone: 303-916-3151 For the Following Project: Water and Electric Rate Study and Plan Contract Amount: Total: $153,790 If this Agreement requires the City to pay an amount of money in excess of $50,000.00 it shall not be deemed valid until it has been approved by the City Council of the City of Aspen. Exhibits appended and made a part of this Agreement: Exhibit A: Scope of Work. Exhibit B: Fee Schedule. City Council Approval: Date: 07/12/2022 Resolution No.: 081 of 2022 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 The City and Professional agree as set forth below. 1. Scope of Work. Professional shall perform in a competent and professional manner the Scope of Work as set forth at Exhibit A attached hereto and by this reference incorporated herein. 2. CgMletion. Professional shall commence Work immediately upon receipt of a written Notice to Proceed from the City and complete all phases of the Scope of Work as expeditiously as is consistent with professional skill and care and the orderly progress of the Work in a timely manner. The parties anticipate that all Work pursuant to this Agreement shall be completed no later than October 31, 2023. Upon request of the City, Professional shall submit, for the City's approval, a schedule for the performance of Professional's services which shall be adjusted as required as the project proceeds, and which shall include allowances for periods of time required by the City's project engineer for review and approval of submissions and for approvals of authorities having jurisdiction over the project. This schedule, when approved by the City, shall not, except for reasonable cause, be exceeded by the Professional. 3. Payment. In consideration of the work performed, City shall pay Professional on a time and expense basis for all work performed. The hourly rates for work performed by Professional shall not exceed those hourly rates set forth at Exhibit B appended hereto. Except as otherwise mutually agreed to by the parties the payments made to Professional shall not initially exceed the amount set forth above. Professional shall submit, in timely fashion, invoices for work performed. The City shall review such invoices and, if they are considered incorrect or untimely, the City shall review the matter with Professional within ten days from receipt of the Professional's bill. 4. Non -Assignability. Both parties recognize that this Agreement is one for personal services and cannot be transferred, assigned, or sublet by either party without prior written consent of the other. Sub -Contracting, if authorized, shall not relieve the Professional of any of the responsibilities or obligations under this Agreement. Professional shall be and remain solely responsible to the City for the acts, errors, omissions or neglect of any subcontractors' officers, agents and employees, each of whom shall, for this purpose be deemed to be an agent or employee of the Professional to the extent of the subcontract. The City shall not be obligated to pay or be liable for payment of any sums due which may be due to any sub -contractor. 5. Termination of Procurement. The sale contemplated by this Agreement may be canceled by the City prior to acceptance by the City whenever for any reason and in its sole discretion the City shall determine that such cancellation is in its best interests and convenience. 6. Termination of Professional Services. The Professional or the City may terminate the Professional Services component of this Agreement, without specifying the reason therefor, by giving notice, in writing, addressed to the other party, specifying the effective date of the termination. No fees shall be earned after the effective date of the termination. Upon any termination, all finished or unfinished documents, data, studies, surveys, drawings, maps, models, photographs, reports or other material prepared by the Professional pursuant to this Agreement shall become the property of the City. Notwithstanding the above, Professional shall not be relieved of any liability to the City for damages sustained by the City by virtue of any breach of this Agreement by the Professional, and the City may withhold any payments to the Professional for the purposes of set-off until such time as the exact amount of damages due the City from the Professional may be determined. 7. Independent Contractor Status. It is expressly acknowledged and understood by the parties that nothing contained in this agreement shall result in, or be construed as establishing an employment relationship. Professional shall be, and shall perform as, an independent Contractor who agrees to use his or her best efforts to provide the said services on behalf of the City. No agent, employee, or servant of Professional shall be, or shall be deemed to be, the employee, agent or servant of the City. City is interested only in the results obtained under this contract. The manner and means of conducting the work are under the sole control of Professional. None of the benefits provided by City to its employees including, but not limited to, workers' compensation insurance and unemployment insurance, are available from City to the employees, agents or servants of Professional. Professional shall be solely and entirely 2 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 responsible for its acts and for the acts of Professional's agents, employees, servants and subcontractors during the performance of this contract. Professional shall indemnify City against all liability and loss in connection with, and shall assume full responsibility for payment of all federal, state and local taxes or contributions imposed or required under unemployment insurance, social security and income tax law, with respect to Professional and/or Professional's employees engaged in the performance of the services agreed to herein. 8. Indemnification. Professional agrees to indemnify and hold harmless the City, its officers, employees, from and against all liability, claims, and demands, on account of injury, loss, or damage, including claims arising from bodily injury, personal injury, sickness, disease, death, property loss or damage, arising from Professional's performance of this contract, to the extent and for an amount represented by the degree or percentage such injury, loss, or damage is caused in whole or in part by, or is claimed to be caused in whole or in part by, the wrongful act, omission, error, professional error, mistake, negligence, or other fault of the Professional, any subcontractor of the Professional, or any officer, employee, representative, or agent of the Professional or of any subcontractor of the Professional, or which arises out of any workmen's compensation claim of any employee of the Professional or of any employee of any subcontractor of the Professional. The Professional agrees to investigate, handle, respond to, and to provide defense for and defend against, any such liability, claims or demands at the sole expense of the Professional, If it is determined by the final judgment of a court of competent jurisdiction that such injury, loss, or damage was caused in whole or in part by the act, omission, or other fault of the City, its officers, or its employees, the City shall reimburse the Professional for the portion of the judgment and expenses attributable to such act, omission, or other fault of the City, its officers, or employees. 9. Professional's Insurance. (a) Professional agrees to procure and maintain, at its own expense, a policy or policies of insurance sufficient to insure against all. liability, claims, demands, and other obligations assumed by the Professional pursuant to Section 8 above. Such insurance shall be in addition to any other insurance requirements imposed by this contract or by law. The Professional shall not be relieved of any liability, claims, demands, or other obligations assumed pursuant to Section 8 above by reason of its failure to procure or maintain insurance, or by reason of its failure to procure or maintain insurance in sufficient amounts, duration, or types. (b) Professional shall procure and maintain, and shall cause any subcontractor of the Professional to procure and maintain, the minimum insurance coverages listed below. Such coverages shall be procured and maintained with forms and insurance acceptable to the City. All coverages shall be continuously maintained to cover all liability, claims, demands, and other obligations assumed by the Professional pursuant to Section 8 above. In the case of any claims -made policy, the necessary retroactive dates and extended reporting periods shall be procured to maintain such continuous coverage. (i) Worker's Compensation insurance to cover obligations imposed by applicable laws for any employee engaged in the performance of work under this contract, and Employers' Liability insurance with minimum limits of ONE MILLION DOLLARS ($1,000,000.00) for each accident, ONE MILLION DOLLARS ($1,000,000.00) disease - policy limit, and ONE MILLION DOLLARS ($1,000,000.00) disease - each employee. Evidence of qualified self -insured status may be substituted for the Worker's Compensation requirements of this paragraph. (ii) Commercial General Liability insurance with minimum combined single limits of TWO MILLION DOLLARS ($2,000,000.00) each occurrence and THREE MILLION DOLLARS ($3,000,000.00) aggregate. The policy shall be applicable to all premises and operations. The policy shall include coverage for bodily injury, broad form property damage (including completed operations), personal injury (including coverage for contractual and employee acts), blanket contractual, independent contractors, products, and completed operations. The policy shall include 3 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 coverage for explosion, collapse, and underground hazards. The policy shall contain a severability of interests provision. (iii) Comprehensive Automobile Liability insurance with minimum combined single limits for bodily injury and property damage of not less than ONE MILLION DOLLARS ($1, 000, 000. 00) each occurrence and ONE MILLION DOLLARS ($1,000,000.00) aggregate with respect to each Professional's owned, hired and non -owned vehicles assigned to or used in performance of the Scope of Work. The policy shall contain a severability of interests provision. If the Professional has no owned automobiles, the requirements of this Section shall be met by each employee of the Professional providing services to the City under this contract. (iv) Professional Liability insurance with the minimum limits of ONE MILLION DOLLARS ($1,000,000) each claim and TWO MILLION DOLLARS ($2,000,000) aggregate. (c) The policy or policies required above shall be endorsed to include the City and the City's officers and employees as additional insureds. Every policy required above shall be primary insurance, and any insurance carried by the City, its officers or employees, or carried by or provided through any insurance pool of the City, shall be excess and not contributory insurance to that provided by Professional. No additional insured endorsement to the policy required above shall contain any exclusion for bodily injury or property damage arising from completed operations. The Professional shall be solely responsible for any deductible losses under any policy required above. (d) The certificate of insurance provided to the City shall be completed by the Professional's insurance agent as evidence that policies providing the required coverages, conditions, and minimum limits are in full force and effect, and shall be reviewed and approved by the City prior to commencement of the contract. No other form of certificate shall be used. The certificate shall identify this contract and shall provide that the coverages afforded under the policies shall not be canceled, terminated or materially changed until at least thirty (30) days prior written notice has been given to the City. (e) Failure on the part of the Professional to procure or maintain policies providing the required coverages, conditions, and minimum limits shall constitute a material breach of contract upon which City may immediately terminate this contract, or at its discretion City may procure or renew any such policy or any extended reporting period thereto and may pay any and all premiums in connection therewith, and all monies so paid by City shall be repaid by Professional to City upon demand, or City may offset the cost of the premiums against monies due to Professional from City. (f) City reserves the right to request and receive a certified copy of any policy and any endorsement thereto. (g) The parties hereto understand and agree that City is relying on, and does not waive or intend to waive by any provision of this contract, the monetary limitations (presently $350,000.00 per person and $990,000 per occurrence) or any other rights, immunities, and protections provided by the Colorado Governmental Immunity Act, Section 24-10-101 et seq., C.R.S., as from time to time amended, or otherwise available to City, its officers, or its employees. 10. Citys 11151Iratice. The parties hereto understand that the City is a member of the Colorado Intergovernmental Risk Sharing Agency (CIRSA) and as such participates in [tie CIRSA Property/Casualty Pool. Copies of the CIRSA policies and manual are kept at the City of Aspen Risk Management Department and are available to Professional for inspection during normal business hours. City makes no representations whatsoever with respect to specific coverages offered by CIRSA. City shall provide Professional reasonable notice of any changes in its membership or participation in CIRSA. 12 DocuSign Envelope ID: F481`11AD-FB23-4263-8E16-CC96E9575AE7 11. Completeness ofA ement. It is expressly agreed that this agreement contains the entire undertaking of the parties relevant to the subject matter thereof and there are no verbal or written representations, agreements, warranties or promises pertaining to the project matter thereof not expressly incorporated in this writing. 12. Notice. Any written notices as called for herein may be hand delivered or mailed by certified mail return receipt requested to the respective persons and/or addresses listed above. 13. Non -Discrimination. No discrimination because ofrace, color, creed, sex, marital status, affectional or sexual orientation, family responsibility, national origin, ancestry, handicap, or religion shall be made in the employment of persons to perform services under this contract. Professional agrees to meet all of the requirements of City's municipal code, Section 15.04.570, pertaining to non-discrimination in employment. 14. Waiver. The waiver by the City of any term, covenant, or condition hereof shall not operate as a waiver of any subsequent breach of the same or any other term. No term, covenant, or condition of this Agreement can be waived except by the written consent of the City, and forbearance or indulgence by the City in any regard whatsoever shall not constitute a waiver of any term, covenant, or condition to be performed by Professional to which the same may apply and, until complete performance by Professional of said term, covenant or condition, the City shall be entitled to invoke any remedy available to it under this Agreement or by law despite any such forbearance or indulgence. 15. Execution of Agreement byCity. This Agreement shall be binding upon all parties hereto and their respective heirs, executors, administrators, successors, and assigns. Notwithstanding anything to the contrary contained herein, this Agreement shall not be binding upon the City unless duly executed by the Mayor of the City of Aspen (or a duly authorized official in his absence) following a Motion or Resolution of the Council of the City of Aspen authorizing the Mayor (or a duly authorized official in his absence) to execute the same. 16. Worker Without Authorization prohibited — CRS 8-17.5 -101 & 24-76.5- 101 Purpose. During the 2021 Colorado legislative session, the legislature passed House Bill 21-1075 that amended current CRS §8-17.5-102 (1), (2)(a), (2)(b) introductory portion, and (2)(b)(III) as it relates to the employment of and contracting with a "worker without authorization" which is defined as an individual who is unable to provide evidence that the individual is authorized by the federal government to work in the United States. As amended, the current law prohibits all state agencies and political subdivisions, including the Owner, from knowingly hiring a worker without authorization to perform work under a contract, or to knowingly contract with a Consultant who knowingly hires with a worker without authorization to perform work under the contract. The law also requires that all contracts for services include certain specific language as set forth in the statutes. The following terms and conditions have been designed to comply with the requirements of this new law. Definitions. The following terms are defined by this reference are incorporated herein and in any contract for services entered into with the Owner. 1. "E-verify program" means the electronic employment verification program created in Public Law 208, 104th Congress, as amended, and expanded in Public Law 156, 108th Congress, as amended, that is jointly administered by the United States Department of Homeland Security and the social security Administration, or its successor program. 2. "Department program" means the employment verification program established pursuant to Section 8-17.5- 102(5)(c). 3. "Public Contract for Services" means this Agreement. DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 4. "Services" means the furnishing of labor, time, or effort by a Consultant or a subconsultant not involving the delivery of a specific end product other than reports that are merely incidental to the required performance. 5. "Worker without authorization" means an individual who is unable to provide evidence that the individual is authorized by the federal government to work in the United States By signing this document, Consultant certifies and represents that at this time: 1. Consultant shall confirm the employment eligibility of all employees who are newly hired for employment to perform work under the public contract for services; and 2. Consultant has participated or attempted to participate in either the e-verify program or the department program in order to verify that new employees are not workers without authorization. Consultant hereby confirms that: 1. Consultant shall not knowingly employ or contract with a worker without authorization to perform work under the Public Contract for Services. 2. Consultant shall not enter into a contract with a subconsultant that fails to certify to the Consultant that the subconsultant shall not knowingly employ or contract with a worker without authorization to perform work under the Public Contract for Services. 3. Consultant has confirmed the employment eligibility of all employees who are newly hired for employment to perform work under the public contract for services through participation in either the e-verify program or the department program. 4. Consultant shall not use the either the e-verify program or the department program procedures to undertake pre -employment screening of job applicants while the Public Contract for Services is being performed. If Consultant obtains actual knowledge that a subconsultant performing work under the Public Contract for Services knowingly employs or contracts with a worker without authorization, Consultant shall: 1. Notify such subconsultant and the Owner within three days that Consultant has actual knowledge that the subconsultant is employing or subcontracting with a worker without authorization: and 2. Terminate the subcontract with the subconsultant if within three days of receiving the notice required pursuant to this section the subconsultant does not stop employing or contracting with the worker without authorization; except that Consultant shall not terminate the Public Contract for Services with the subconsultant if during such three days the subconsultant provides information to establish that the subconsultant has not knowingly employed or contracted with a worker without authorization. Consultant shall comply with any reasonable request by the Colorado Department of Labor and Employment made in the course of an investigation that the Colorado Department of Labor and Employment undertakes or is undertaking pursuant to the authority established in Subsection 8-17,5-102 (5), C.R,S, If Consultant violates any provision of the Public Contract for Services pertaining to the duties imposed by Subsection 8-17.5-102, C.R.S. the Owner may terminate this Agreement. If this Agreement is so terminated, Consultant shall be liable for actual damages to the Owner arising out of Consultant's violation of Subsection 8- 17.5-102, C.R.S. R DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 It is agreed that neither this agreement nor any of its terms, provisions, conditions, representations or covenants can be modified, changed, terminated or amended, waived, superseded or extended except by appropriate written instrument fully executed by the parties. If any of the provisions of this agreement shall be held invalid, illegal or unenforceable it shall not affect or impair the validity, legality or enforceability of any other provision. 17. Warranties Against Continant Fees, Gratuities, Kickbacks and Conflicts of Interest. (a) Professional warrants that no person or selling agency has been employed or retained to solicit or secure this Contract upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee, excepting bona fide employees or bona fide established commercial or selling agencies maintained by the Professional for the purpose of securing business. (b) Professional agrees not to give any employee of the City a gratuity or any offer of employment in connection with any decision, approval, disapproval, recommendation, preparation of any part of a program requirement or a purchase request, influencing the content of any specification or procurement standard, rendering advice, investigation, auditing, or in any other advisory capacity in any proceeding or application, request for ruling, determination, claim or controversy, or other particular matter, pertaining to this Agreement, or to any solicitation or proposal therefore. (c) Professional represents that no official, officer, employee or representative of the City during the term of this Agreement has or one (1) year thereafter shall have any interest, direct or indirect, in this Agreement or the proceeds thereof, except those that may have been disclosed at the time City Council approved the execution of this Agreement. (d) In addition to other remedies it may have for breach of the prohibitions against contingent fees, gratuities, kickbacks and conflict of interest, the City shall have the right to: 1. Cancel this Purchase Agreement without any liability by the City; 2. Debar or suspend the offending parties from being a Professional, contractor or subcontractor under City contracts; 3. Deduct from the contract price or consideration, or otherwise recover, the value of anything transferred or received by the Professional; and 4. Recover such value from the offending parties. 18. Fund Availabilijy. Financial obligations of the City payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted and otherwise made available. If this Agreement contemplates the City utilizing state or federal funds to meet its obligations herein, this Agreement shall be contingent upon the availability of thosc funds for payment pursuant to the terms of this Agreement. 19. General Terms. (a) It is agreed that neither this Agreement nor any of its terms, provisions, conditions, representations or covenants can be modified, changed, terminated or amended, waived, superseded or extended except by appropriate written instrument fully executed by the parties. (b) If any of the provisions of this Agreement shall be held invalid, illegal or unenforceable it shall not affect or impair the validity, legality or enforceability of any other provision. 7 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 (c) The parties acknowledge and understand that there are no conditions or limitations to this understanding except those as contained herein at the time of the execution hereof and that after execution no alteration, change or modification shall be made except upon a writing signed by the parties. (d) This Agreement shall be governed by the laws of the State of Colorado as from time to time in effect. Venue is agreed to be exclusively in the courts of Pitkin County, Colorado. 20. Electronic Signatures and Electronic Records This Agreement and any amendments hereto may be executed in several counterparts, each of which shall be deemed an original, and all of which together shall constitute one agreement binding on the Parties, notwithstanding the possible event that all Parties may not have signed the same counterpart. Furthermore, each Party consents to the use of electronic signatures by either Party. The Scope of Work, and any other documents requiring a signature hereunder, may be signed electronically in the manner agreed to by the Parties. The Parties agree not to deny the legal effect or enforceability of the Agreement solely because it is in electronic form or because an electronic record was used in its formation. The Parties agree not to object to the admissibility of the Agreement in the form of an electronic record, or a paper copy of an electronic documents, or a paper copy of a document bearing an electronic signature, on the grounds that it is an electronic record or electronic signature or that it is not in its original form or is not an original. 21. Successors and Assigns. This Agreement and all of the covenants hereof shall inure to the benefit of and be binding upon the City and the Professional respectively and their agents, representatives, employee, successors, assigns and legal representatives. Neither the City nor the Professional shall have the right to assign, transfer or sublet its interest or obligations hereunder without the written consent of the other party. 22. Third Parties. This Agreement does not and shall not be deemed or construed to confer upon or grant to any third party or parties, except to parties to whom Professional or City may assign this Agreement in accordance with the specific written permission, any right to claim damages or to bring any suit, action or other proceeding against either the City or Professional because of any breach hereof or because of any of the terms, covenants, agreements or conditions herein contained. 23. Attorneys Fees. In the event that legal action is necessary to enforce any of the provisions of this Agreement, the prevailing party shall be entitled to its costs and reasonable attorney's fees. 24. Waiver of Presumption. This Agreement was negotiated and reviewed through the mutual efforts of the parties hereto and the parties agree that no construction shall be made or presumption shall arise for or against either party based on any alleged unequal status of the parties in the negotiation, review or drafting of the Agreement. 25. Certification RegardingRegqrding Debarment. Suspension. Ineli ibili and Volunta Exclusion. Professional certifies, by acceptance of this Agreement, that neither it nor its principals is presently debarred, suspended, proposed for debarment, declared ineligible or voluntarily excluded from participation in any transaction with a Federal or State department or agency. It further certifies that prior to submitting its Bid that it did include this clause without modification in all lower tier transactions, solicitations, proposals, contracts and subcontracts. In the event that Professional or any lower tier participant was unable to certify to the statement, an explanation was attached to the Bid and was determined by the City to be satisfactory to the City. 26. lnte ration and Modification. This written Agreement along with all Contract Documents shall constitute the contract between the parties and supersedes or incorporates any prior written and oral agreements of the parties. In addition, Professional understands that no City official or employee, other than the Mayor and City Council acting as a body at a council meeting, has authority to enter into an Agreement or to modify the terms of the Agreement on behalf of the City. Any such Agreement or modification to this Agreement must be in writing and be executed by the parties hereto. DocuSign Envelope ID: F481`11AD-FB23-4263-8E16-CC96E9575AE7 27. Authorized Representative. The undersigned representative of Professional, as an inducement to the City to execute this Agreement, represents that he/she is an authorized representative of Professional for the purposes of executing this Agreement and that he/she has full and complete authority to enter into this Agreement for the terms and conditions specified herein. IN WITNESS WHEREOF, the parties hereto have executed, or caused to be executed by their duly authorized officials, this Agreement of which shall be deemed an original on the date first written above. CITY OF ASNCQ40RADO: [Signature] By: Sara Ott [Name] Title: City Manager Date: 7/15/2022 1 4:37:21 PM PDT Approve as to Form: Ci ttorney PROFESSIONAL: 6ow54pne�rE��hyy�t:1� U l Y `shmh S [Signature] By: Todd cristiano [Name] Title: senior Manager Date: 6/28/2022 1 2:25:46 PM PDT General Conditions and Special Conditions can be found on City of Aspen Website. litips://www.cityofasVen.cei-n/497/Put-chasing 6 DocuSign Envelope ID: FOR 1AD-FB23-4263-8E16-CC96E9575AE7 EXHIBIT A PROFESSIONAL SERVICES AGREEMENT Scone Of Work Project Team The Raftelis team will consist of the following resources. If a resource becomes unavailable, Raftelis will replace the resource with someone of comparable experience and knowledge. CITY OF ASPEN PROJECT DIRECTOR Todd Cristiano RAFTELIS 5 ELECTRIC AND WATER QAIQC Amanda Guci ELECTRIC SUBJECT MATTER EXPERT WATER /WASTEWATER LEAD ELECTRIC LEAD Tom Sullivan, PE Justin Rasor Collin Drat STAFF CONSULTANT STAFF CONSULTANT Lundyn Harrelson Joe Collins Project Plan Task 0: Project Initiation WORK PLAN ACTIVITIES This task sets the stage for efficient and effective project execution through understanding the City's perspective and what they value in a success project. • Project Management o Provide timely invoices, conduct regular calls with the City's project manager, and identify milestones and deliverables. Project Initiation Meeting o Provide data request in advance of project initiation meeting. o Review prior City rate models prior to the meeting o Schedule conference call to review and clarify data request items. o Discuss other policy objectives that may affect the study (e.g., reserve policies, debt coverage requirements, etc.). o Review rate model functional requirements with staff 10 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 • Pricing Objectives Workshop o Conduct a pricing objectives workshop with City staff to better understand the objectives of current rate structures, and critical issues that should be considered in the development of alternative rate designs such as low income, changes in base charges o Review current Electric Community Investment Fees and Utility Investment Fees structure and identify the key priorities for possible modifications o Prepare rate structure alternatives that align with the selected objectives. Rate structure alternatives will be evaluated in Task 6 DELIVERABLES: • Kick-off meeting with City Staff • Technical Memorandum summarizing results and action items from Kick-off meeting Technical Memorandum (TM) summarizing results of pricing objectives workshop Task 1: Revenue Requirements for Electric and Water Utilities WORK PLAN ACTIVITIES This task lays the groundwork for creating a long-term financial roadmap to meet financial goals. This will assist the City with proactive planning of large capital projects, evaluating various funding options and balancing those to minimize future revenue adjustments Customer Billing Data Analysis • Calculate the number of bills and ECUs for all water customers for the past three years b ased on billing area, billing area factor. This applies to the customer classes who are :G?r: Example Bill Frequency Analysis BAi BN2 Wit �.; Nga 2-10(gal 10-25W 302A0.18,% 5BOX05h 95%a19Aa BI(4 >25 W 23%ul Bil, assessed the fire protection charge and the demand charges. These classes include all E I 6:+ I metered and unmetered customers, construction water, and senior rates. • Develop the residential bill frequency to determine the number of bills and water i volume billed within each tier by ECU for all 20 21 22 23 2= 2: 26 2' e 25 v, metered water customers. Calculate volume s, �cRa�aa„=e^n:e'usag=--Cn_rneveare Jens billed for pump levels 1, 2, and 3. Calculate total volume billed for all other customers (e.g. pressurized and non -pressurized raw water, irrigation, senior, etc.). Analyze last three years of data to determine changes in usage patterns. Apply appropriate rate schedule to each class and year and reconcile revenues back to budget documents and annual reports. • Develop bill frequency to determine the number of bills and kilowatt-hours billed within each current tier for residential customers. Calculate total kilowatt-hours billed for small and large commercial and kilowatts billed for large commercial. Analyze last three years of data to determine changes in usage patterns. Calculate total kilowatt-hours billed for the commercial, Apply appropriate rate schedule to each class and year and reconcile revenues back to budget documents 11 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 and annual reports. Project water and electric rate revenues based trends from the historical data develop in the above tasks. Adjust projections for potential conservation efforts. Water rate revenues include the demand charges, fire protection charges, pumping charges, and variable charges. Electric rater revenues include residential, small commercial consumption and availability charges, and large commercial consumption, demand, and availability charges Water Financial Plan (Long Range Plan or LRP) • Create an LRP for the water utility for the study period 2022 to 2031. The LRP includes operating revenues, operating and non -operating revenues, operation and maintenance expense, capital expenditures, and transfers. • Forecast revenue under existing rates using the demands projections developed above along with other operating and non -operating revenues such as development review fees, and tap fees (water utility investment fees) for water and electric community investment fees and other operating income. If necessary, incorporate the price elasticity of demand to account for changes in customer usage behavior from the impact of rate increases. • Forecast operations and maintenance (O&M), capital, and overhead allocation charges. Incorporate new positions, changes in operating efficiencies, etc. • Develop `optimal' revenue requirement financial plan balancing a mix of cash funding and debt financing capital projects (if applicable) while meeting reserve targets, and minimizing revenue increases. Calculate annual rate revenue adjustments needed through the study period. • Update financial plan scenarios based on feedback from City staff Electric Financial Plan (Long Range Plan) • Create an LRP for the electric utility for the study period 2022 to 2031. The LRP includes operating revenues, operating and non -operating revenues, operation and maintenance expense, capital expenditures, debt service, and overhead allocation transfers. • Forecast revenue under existing rates using the demands projections developed above along with other operating and non -operating revenues such as the electric community investment fee, tenant service deposits, and electric development review fees. If necessary, incorporate the price elasticity of demand to account for changes in customer usage behavior from the impact of rate increases. • Forecast operations and maintenance (O&M), capital, and overhead allocation charges. Incorporate new positions, changes in operating efficiencies, etc. Review with City and significant changes to purchased power projections, and locally produced power. Compare with trends in the regional area • Forecast debt and capital costs for the study period. ■ Develop `optimal' revenue requirement financial plan balancing a mix of cash funding and debt financing capital projects (if applicable) while meeting reserve targets, debt service coverage requirements, while maintaining conservative debt capacity levels and minimizing revenue increases. Calculate annual rate revenue adjustments needed through the study period. • Update financial plan scenarios based on feedback from City staff Revenue Requirement (See Task 2 for additional steps with cost allocation) • Develop separate water and electric revenue requirement for the year in which rates will be effective, If test year is beyond the next budget cycle, develop rates that will transition to that revenue requirement and recover cost of service by class. 12 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 DELIVERABLES: • Water and electric LRPs • Water and electric revenue requirement • Conference call with staff to review LRPs and adjust as necessary. Task 2: Develop a Revenue Recovery Cost of Service Rate Model WORK PLAN ACTIVITIES This outcome of this task is to develop rates which recover costs fairly and equitably from customer classes while minimizing subsidies between the classes. ■ Determine the test year revenue requirement (which includes O&M, capital projects, transfers, debt service, etc.) for the purposes of cost allocation • Allocate test -year capital cost, O&M expenses, and non -rate revenue offsets to the correct `buckets' o For water, buckets include demand charge, fire protection charge, pumping (1, 2, and 3), variable, raw, and bulk water service. o For electric, buckets include energy, demand, billing, transformer, and community benefit ■ Determine customer class units of service. Units of service include: o For water, ECUs, water demands, billing area factors o For electric, kilowatt-hours, kilowatts, billing, and transformer (equivalent amps) • Calculate unit cost by expense bucket. o For water, the expense buckets are analogous to customer classes. This step calculates the unit cost per ECU for demand charges, variable charge, fire protection charge, and pumping charge. These unit costs are used in the rate design o For electric, the unit cost is based on the expense buckets of demand, availability, energy, and billing. • Distribute costs to customer classes/buckets o For water, the cost of service was calculated above in the allocation step. o For electric, the unit costs developed above are applies to each class' units of service for demand, availability, energy, and billing Compare cost of service buckets/classes to revenue under existing rates for the same. Rate Design Under Existing Structure o Calculate rates by bucket (water only) or by class (electric) for the test year. If the test year is beyond the next budget year, create rate transition to achieve cost of service in the final year. o Create additional rate design alternatives which is discussed further in Task 3 DELIVERABLES: • Separate water and electric cost of service models • Draft and final LRP in which to develop cost of service and rates • Comparison of cost of service results to revenue under existing rates for the selected test year • Rates that are transitioned (if necessary) that recover cost of service by bucket (water) and by class (electric) ■ TM summarizing results of cost of service analysis 13 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 Task 3: Run Two or Three Cost of Service Scenarios with Rate Model WORK PLAN ACTIVITIES ■ Using the results developed in Task 3, develop alternative rate schedules based on direction from staff. This may include adjusting the water demand charges or electric availability charges to address address affordability goals, or adjusting the tiers in the water volume and the energy consumption rates. • Conduct a revenue recovery sensitivity analysis comparing the alternative to the cost of service rates. Identify pricing objectives such as revenue stability, affordability, conservation that the rate structures must meet. Determine measurable criteria and compare each alternatives' ability to meet those objectives. ■ Create customer impacts which will show each customer change in annual bill under existing structure and alternative structure. State this on an average monthly basis and create customer impact graph which will show how many customers' average bill will increase at specific dollar increments. For example (numbers are illustrative only), the graph may show that 350 customcrs' (or 25% of the customer base) will see an average monthly bill increase of $100 or less. This information provide great feedback how impactful a rate structure change can be on customers. 30% Customer BIII Impact 25% 20% E g 15% u 20% 0 ae 5% 0% F.yB .yy 0,yy 0'� 1P ,y5y %P DStiu 'Sv0 � V. a .yro a � gy yy Sg � $ Change In Monthly BIII DELIVERABLES: • Conference call with staff to run `what -if scenarios on alternatives. • TM summarizing results of rate design analysis of the existing and proposed rate structure alternatives Task 4: Meetings and Other Deliverables WORK PLAN ACTIVITIES Develop Fee and Rate Recommendations Based on the analysis completed on the previous tasks, the rate objectives identified in Task 4, and discussions with staff, finalize the rate alternative calculations in the rate model. These finalized rates will then be used to develop future LRP revenue projections and serve as the basis for the cost of service and rate design. Present the Final Report to City Council • Develop presentation which summarizes the water and electric rate setting process. Provide copy for staff s review and comment. Update presentation incorporating comments. • Attend City Council meeting to present findings and answer questions 14 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 Water and Electric Comparison Study Update the residential water typical bill survey based on the selected peer utilities and using the City's existing survey model. Update the residential electric typical bill survey based on the selected peer utilities and using the City's existing survey model. Task 6: Supplemental Tasks Included in Scope of Work WORK PLAN ACTIVITIES ■ Increased number of EV charging stations. Evaluate revenue opportunities for the City with increasing the availability of charging stations. Conduct a cost benefit analysis based on the current EV management platform and potential alternatives EV charging station rates. Evaluate energy and demand patterns of the various EV stations and develop a customer class within the cost of service model to allocate costs and determine the appropriate unit costs. Weigh costs in light of community goals and the political environment around promoting increased use of EV charge stations. Evaluate the possibility of time -of -use rates that will help smooth loads such that capacity is not materially affected. Beneficial electrification. Evaluate the impacts of increased demand across our existing electric service area as a result of beneficial electrification. Using rate model, determine is if increased load has a material impact on the cost allocations. Compare the increased demand and associated greenhouse gases to the reduction in traditional fossil fuels due to the transition. If possible, use any benchmarks in the City's Climate Action Plan to determine how and what level of beneficial electrification may be required to meet certain goals. • PV solar base rate. Evaluate the costs associated with the service requirements for customers with individual PV solar. This would involve completed a cost allocation study to assess labor, materials, and other indirect administrative costs associated with providing services to these customers. • Senior rates. Calculate the current subsidy to the senior accounts and the impact to other customers. With assistance from staff, identify specific peer utilities which have senior programs. Compare and contrast the programs and identify potential other methods to maintain lower rates for seniors while minimizing subsidy impact to other customer classes • Base charges on small residential electric customers review. Through the cost of service analysis determine whether the base charges are recovering their proportionate share of cost of service. First, review cost allocations to determine if adjustments are required. If cost allocations are representative, evaluate rate design options to minimize increases to the base charges. • Extend water construction rate period. Determine the financial impact to extending the period in which construction water is not assessed variable rates from 9 to 12 months (they are currently assessed the demand and fire charges). Determine average number of construction meters and duration meters are held. Determine the volume and revenue for usage in excess of the 9 months based on the average outstanding construction hydrants in a given year. Determine the revenue reduction from extending the period from 9 to 12 months, • Rate structure changes. Review potential changes to tiered rate structure to address emerging industry trends and conservation efforts. Using the bill frequency analysis and pricing objectives create rate alternatives with the tiered structures that will better meet objectives. Compare the bill impacts under each scenario. • Waterworth Update. Input complete rate and fee schedule into Waterworth — a utility rate setting and 15 DocuSign Envelope ID: F48F1 1 AD-F1323-4263-80 6-CC96E9575AE7 financial planning platform. Assist staff with entering data into the Waterworth system. Provide QA/QC to ensure accuracy of rates. Project Schedule Raftelis will complete the scope of services within the timeframe shown in the schedule below. The proposed schedule assumes a project start date of July 30, 2022, and that Raftelis will receive the needed data in a timely manner and be able to schedule meetings as necessary. Raftelis will complete the final report on or before September 2023. Raftelis will present the final report on or before, October 2023. JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT 0. Project Initiation 1 Revenue Requirement for Water and Electric Utilities 2. Develop a Revenue Recovery Cost of Service Rate Model 3. Run Two or Three Cost of Service Scenarios with the Rate Model 4. Meetings and Other Deliverables 4a. Develop Fee and Rate Recommendations 4b. Present the Report to City Council 4c. Water and Electric Comparison Study In -Person Meetings Web Meetings Deliverables 16 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 EXHIBIT B PROFESSIONAL SERVICES AGREEMENT Fee Schedule Pricing — Work Plan The following tables provides a breakdown of our proposed fee for this project. These tables include the estimated level of effort required for completing each task and the hourly billing rates for our project team members. Expenses include costs associated with travel and a $10 per hour technology charge covering computers, networks, telephones, postage, etc. Table B1 shows the pricing by task, for Tasks 1 through 5 shown in our work plan. Table B2 shows the pricing by milestone as identified in the City's RFP. The not -to - exceed price is the same in both cases, with the only difference being the way the information is presented. Pricing for the Supplemental Tasks, which are included within the scope of work, follow in Table B3. Additional hourly rates are specified in Table B4. Table B1: Pricing by Task for Tasks 1-5 Hours Web in -person Total Fees & Teske (per Proposal Work Plena Meetings Meetings TC AG TS CD Jc LH Total r Expenses 0. Pro(act Initiation 12 - 2 8 2 2 38 $12,463 1. Revenue Requirement for Water and 1 12 38 38 108 $24,230 Electric Utilities 2, Develop a Revenue Recovery Cost of 12 38 38 120 $27,530 Service Rate Model 3. Run Two or Three Cost of Service 6 0 0 42 $10,350 Sce na ri" vAln the Rate Modal 4. Meetings and Other Dellverables 4a, Develop Fee and Rate 12 12 2 2 36 $9,530 Recommendations r 4b. Present the Report to CIry Council 1 16 12 12 2 2 44 $13,007 4c, Water and Electric Comparison Study 2 2 4 4 12 $2,600 Total Meetings r Hours 4 2 09 12 10 62 , 62 94 94 400 Hourly Billing Rate $285 $255 $275 $255 $255 $225 $160 Total Professional Fees $18,810 $3,060 $2,750 $15,810 $15,810 $21,150 $15,040 $92,430 TC • Todd Crisden0 Total Fees $92,430 AG - Amanda Gucl (OA/OC) TS • Tom Sullivan (Technical Advisor) JR • Justin Rasor (Water Lead) Total Expenses $7,350 CD - Collin Drar (Electric Lead) JC • Job Collin (Lead Analyst) Total Fees (L Expenses LH • Luadyn Harrelson (Lead Analyst) 17 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 Table B2. Pricing by Milestone for Tasks 1-5 Hours Web In -person Total Fees & Milestone$(perCityRFP) Meetings Meetlnps TC AG TS JR CD JC LH Total Expenses Pro)act Mck-O f (Took 0) 0 1 12 4 2 6 6 2 27 38 $12,453 Delivery of Revenue Ro4wrarl (Took 1) 1 0 12 0 0 10 10 30 38���38 108 $24.230 fleflveryofPreliminary $canarlo"oling (Task 2) 0 12 6 6 10 10 38 38 120 $27,530 Delivery of Draft Ripon (Task 4a) 9 a 0 0 12 12 2 2 36 $0,530 Council Presentation of Final Ripon (Teske 3, 4b and 4c) 22 2 2 22 22 14 14 88 $26,037 Total Meetings r Hours 4 1 60 12 10 62 02 64 04 400 Hourly 8110"0 Rate $285 $265 $275 $255 $265 $226 $100 Total Professional Fees $18,810 $3,080 $2,750 $15,810 $15,810 $21,150 $15,040 $92,430 TC - Todd Cr,sf ano AG -Amanda Gucr (OAiGC) Total Fees $92,430 7S - Tom Surlrvan r7ecnrelcar Advrsorl JP,-JueanR8aor(Warirtiad) Total Expenses $7,350 CO - CAdmn Drat (E*C1nO �080) (ztsd t) dC • Joe COIdyr? LH • Lundyn HBrriisdn (Lied Ani7y9[) He (u6&d Total Fees & Ex piltie6 Table B3 below indicates the estimated pricing for the supplemental tasks listed on pages 6 and 7 of the City's RFP. These are described in Task 6 of our work plan. The pricing assumes they are conducted either in conjunction with the Tasks 1 through 5 or relatively soon after study completion. It also based on the cost of doing each task individually. If they are all conducted at the same time, there may be some efficiencies which could reduce the cost. If needed, Raftelis can work with City staff to determine which tasks are needed, at which point the level of effort can be refined to meet the City's needs. 18 DocuSign Envelope ID: F48F11AD-FB23-4263-8E16-CC96E9575AE7 Table B3. Pricing for Supplement Tasks (Task 6) Hours Web In -parson Total Fees b Supplemental Tasks (par City RFP) Meetings Meetings TC AG TS JR CO JC LH Total Expanses EV Station Impaots 1 0 2 2 6 16 16 44 09,720 EV Station Rates 1 0 2 1 4 12 12 31 $6,775 Elvotdfio+tion i 0 2 2 6 16 18 44 09,720 Base Rau for SOIar Customers 0 2 1 2 6 6 17 $3,815 Senior Rates AnalysislBanohmarking t G 1 2 4 6 15 $3,125 Base Charge for Small Eleotrio s 2 6 6 16 $3,520 Customers Extend Water Construotlon Period i 4 10 10 26 05,700 Rote Struoture Changes Z 16 16 42 $9,190 Input Rato s Into Waterrorth _ 4 4 11 02,445 Total Meetings l Hours 6 0 15 7 0 14 26 90 94 246 Hourly Billing Rate $205 $255 •275 $255 $255 s225 $160 Total Professional Fees $4,275 $1,785 40 $3,570 $6,630 $20.250 $15,040 $51,550 TC - TOM Crl0940 Total Fees i51,550 AG -Amanda Gdcr {OA1OCy TS - Tom Sufflvan (Technfcal AOvlaor) JR- JustinRasd((waterLCodl TotalEwp-nsas $2,460 CD - Colfln Dror (Eleame Lean I JC - Joe Collins (Lead Analyst) Total Fe to f4 Expanses LH- Lowy* Harrelson (LeadAwlystJ 19 DocuSign Envelope ID: F48FllAD-FB23-4263-8E16-CC96E9575AE7 Hourly Billing Rates Project team hours and expenses will be billed on the same invoice. Expenses related to travel will be billed at cost. Additional services outside the agreed upon scope of work will be billed on a time and materials basis. Raftelis' billing rates can be found below. Table B4. Hourly Billing Rates POSITION HOURLY BILLING RATE** Chair/Chair Emeritus $475 Chief Executive Officer/President $400 Executive Vice President $350 Vice President/Principal Consultant $325 Senior Manager $285 Manager $250 Senior Consultant $220 Consultant $190 Creative Director $190 Associate $160 Graphic Designer $135 Analyst $115 Administration $85 Technology Charge* $10 Techrrolo;_I /Cnnrnarnication.s Charge: This is an hourll• fee charged monthh for each hour worked on the project to recover telephone, f tes•indle, computer, postage%ner•nightdelirerr, confereneecalls, electronicleonrputer wehinars, photocopies, etc. "'Tor servicev related to the preparation for and participation in deposition and triaLsihearings, the standard billing rates listed above will be increased of an amount up to 50 percent. 20