The successful firm must: be experienced in the operation of utilities from the standpoint of infrastructure needs to meet the demands of a given and future customer base; have the ability to analyze the entire infrastructure of both utility systems (IRC, COVB); and have the capability to determine the most economical and efficient method to operate the facilities in order to meet present and future demands.
The successful firm must also: be qualified in business management and forecasting to the extent of developing utility rates, charges, user fees, etc.; be knowledgeable in case laws and state statutes governing operation, acquisition and consolidation of utilities; be versed at determining ownership of utilities, the depreciated value of specific infrastructure, the value of land (other than public rights-of-ways) occupied by public utilities, the acquisition costs considering several different scenarios of consolidation and summarizing the costs into a user fee or rate of utility use to the benefitting customer. The different rates per scenario will then be compared to determine the most economical and efficient method for operation to be recommended.