Laserfiche WebLink
SOUTH BEND, INDIANA <br />DEPARTMENT OF PUBLIC WORKS <br />GENERAL SERVICE AGREEMENT_- AUGUST 19, 2014 <br />EXHIBIT A-3 <br />Services Provided — Municipal Water Utility <br />Scone of Services <br />The Firm agrees to furnish and perform the following services with respect to the preparation of the <br />Water Utility Cost of Service study. <br />Article I. Analysis of Costs and Revenues (Rate Analysis) <br />A. <br />Prepare from available records historical balance sheets and/or historical recorded <br />financial information for a period of three (3) calendar years and the most recent <br />twelve (12) month period available (the "test year"). <br />B. ' <br />Prepare from available records a schedule of flow of funds for the past three (3) <br />calendar years and the test year for the purpose of determining trends, amounts of <br />revenue, cash operation and maintenance expenses, debt service requirements and <br />expenditures for improvements to the Utility property and plant. <br />C. <br />Analyze expenses of the test year in order to locate and adjust items which should be <br />properly capitalized, expensed or reclassified, <br />D. <br />Analyze accounts, invoices and pertinent documents and interview Client personnel <br />and/or consulting engineers made available by the Client to determine possible <br />changes in expenses and the possible effects of those changes. <br />E. <br />Obtain information from Client officials, engineers and/or other available sources to <br />suggest to the Client adjustments to test year cash operating expenses such as <br />additional labor, power costs, chemical costs, additional taxes and other fixed, known <br />and measurable expense changes. <br />F. <br />Schedule monthly revenues of the test year in order to locate and adjust unusual and <br />significant fluctuations in such revenue. <br />G. <br />Prepare amortization schedules of presently outstanding funded debt extending over <br />the life of the remaining years of payment and obtain information from bond <br />ordinances or other documents relating to such funded debt. <br />H. <br />Obtain information from the rate ordinance, tariffs and bond ordinances now in <br />effect. <br />Assist in the development of a capital improvements program and determine <br />alternative financial programs leading to the obtaining of funds necessary to meet the <br />capital improvement requirements through funds now available and/or future <br />revenues of the system and/or the use of debt financing. <br />