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Review and Audit of Filings Made by Vermont Gas Systems, Inc. (“VGS”) Request Date: 5/22/2013 3:54:58 PM
Open Date: 
Closing Date: 6/24/2013 4:30 PM
Intent To Bid Deadline: 
Est. Dollar Value: $0.00
RFQ Number: 
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Department of Public Service

112 State Street
MontpelierVT 05620-2601

Bid Type:
Request for Proposal

Consultant Services, Auditing Services

Bid Description:
The Vermont Public Service Department ("Department" or “PSD"), which represents the public interest in utility cases before the Vermont Public Service Board (“Board”), federal regulatory agencies, and state and federal courts, is soliciting proposals for the services of an independent auditor/consultant/expert witness with regulatory accounting, auditing, finance, economics and rate-making expertise to audit and review VGS's annual base rate filings, earnings sharing adjustments and other periodic filings and requirements covered in the Board Order issued on August 21, 2012 (attached) covering its Alternative Regulation Plan (“Plan”). The Plan expires on September 30, 2015, but may be extended for two successive two year terms. The auditors/consultants hired will collaboratively work with the Department to review and audit each annual or periodic base rate filing to be made under the Plan for the plan period for (a) compliance with Vermont generally accepted regulatory accounting and rate-making principles and practices as established through Board Orders including cost-of service filings, and (b) compliance with the Plan. For the work to be done under this RFP, the auditors/consultants will be expected to conduct a limited review and audit of annual and periodic filings that will be scheduled and completed over a shorter time period than a fully litigated rate investigation. The auditors/consultants will be expected to work with VGS during the compilation of filings and file a report with the Board and Department regarding its audit findings and recommendations within one week after the annual filings are submitted to the Board and within thirty days after the periodic filings are submitted.

Special Instructions:
All proposals must be received no later than June 24, 2013 in electronic format to;;;;and Two hard copy sets should be sent to: Ron Behrns Vermont Public Service Department 112 State Street Montpelier, VT 05620-2601 The Public Service Department reserves the right to accept or reject any or all bids. The staff of the Department will evaluate the proposals. If an applicant is selected, they will be invited to negotiate a contract. Questions about this RFP may be directed to: Ron Behrns or Sean Foley Vermont Department of Public Service 112 State Street Montpelier, VT 05620-2601