Financial and Software Modeling for Utility Rates

The City of Waterbury seeks a subcontractor to design and deliver a software-based financial modeling tool capable of simulating water and wastewater rate structures, forecasting revenue outcomes, and analyzing the impact of rate changes on customer bills. The model must accurately reflect utility financial dynamics, account for varying usage patterns, and provide actionable insights for rate-setting decisions through customizable scenario testing. The deliverable is expected to be a robust, user-friendly application that integrates real-world utility data and supports long-term financial planning. The contract, classified under NAICS code 541512 for computer systems design services, is issued as a subcontract with a response deadline of July 21, 2026. The work is tied to the City’s internal utility operations in Connecticut, though no specific performance location or point of contact is provided. The solicitation is open for proposals through the City’s online procurement portal, and contractors are expected to demonstrate technical expertise in financial modeling, software development, and utility rate analysis. No set-aside provisions or small business considerations are specified, and all submissions must meet the technical and functional requirements outlined in the full solicitation.