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Regulatory Accounting and Rate Making
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Request Date: 2/27/2023 11:35:00 AM
Open Date: 2/27/2023
Closing Date: 3/7/2023 4:30 PM
Intent To Bid Deadline: 3/7/2023
Est. Dollar Value: $0.00
RFQ Number: 2272023AM1
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Public Service Department
112 State Street
3rd Floor
Montpelier,
VT
05620-2601
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Bid Type:
Request for Proposal
Locations:
Keywords:
Accounting Services
Bid Description:
Regulatory Accounting and Ratemaking Services
The Vermont Department of Public Service (“Department”), which represents the public interest in utility cases before the Vermont Public Utility Commission (“Commission”), is soliciting proposals, through this Request for Proposals (“RFP”), for qualified experts in regulatory accounting and ratemaking matters to review and make recommendations on a tariff and rate adjustment filing made by Vermont Gas Systems, Inc. (“Vermont Gas”) with the Commission on February 15, 2023. The work primarily involves the provision of expert witness services to provide an independent assessment of Vermont Gas’s proposed cost of service under applicable Vermont ratemaking standards.
Special Instructions:
Proposals are due by 4:30 p.m., Tuesday, March 7, 2023, with the goal of finalizing a contract as soon as practicable during March, 2023. The selected respondent should be available to start immediately thereafter. A signed original, one (1) hard copy, and one (1) electronic copy of the proposal must be delivered to the Department. Proposals and questions should be addressed to:
Erin Brennan Special Counsel
Vermont Department of Public Service 112 State Street
Montpelier, VT 05620-2601
Phone: (802) 522-6301
Erin.Brennan@vermont.gov
Scope of Services
The Department anticipates that the Respondent hired in connection with this RFP will support the legal, consumer affairs, and technical staff of the Department by providing expertise and technical assistance regarding cost-of-service ratemaking.
The selected respondent is expected to provide assistance to the Department and participate in a contested administrative proceeding before the Commission, which has ultimate authority over whether to approve Vermont Gas’s proposed rates. The selected respondent’s preparation for and participation in the contested proceeding is expected to include preparing discovery questions and responses, drafting prefiled testimony to be submitted to the Commission, and offering live testimony to the Commission.
Respondent will perform a thorough cost of service review of Vermont Gas’s rate proposal
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