Santa Monica

City Council

May 14, 2024 Order of Business 5 #F

Agenda Item F

5.F. Award Professional Services Contract to NBS Government Finance Group,\ndba NBS to Analyze the Existing Water/Wastewater Rate Structure and\nEstablish a New Five-Year Rate Structure for Potable Water, Recycled Water,\nand Wastewater Commodity Charges; Fire Line Rates; and Capital Facility Fee\nfor Calendar Years 2025 to 2029\nRecommended Action\nStaff recommends that the City Council:\n1. Adopt a finding of Categorical Exemption pursuant to Section 15262\n(Feasibility and Planning Studies) of the California Environmental Quality Act\n(CEQA) Guidelines;\n2. Award RFP #391 to NBS Government Finance Group, dba NBS to analyze\nthe existing water/wastewater rate structure and establish a new five-year\nrate structure for potable water, recycled water, and wastewater commodity\ncharges; fire line rates; and a capital facility fee for calendar years 2025 to\n2029 for the Public Works Department; and\n3. Authorize the City Manager to negotiate and execute an agreement with NBS\nGovernment Finance Group, dba NBS in the amount not to exceed $420,000\nover a 5-year period, with future year funding contingent on Council budget\napproval.