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City of Chesapeake Financial Plan, Rate Analysis, and Cost of Services Study RFP 26-054-2230

City of Chesapeake logoCity of Chesapeake
Due
Apr 13, 2026
Deadline passed
Posted
Mar 12, 2026
Contract term
1 year
Primary contact
Torriano Askew
(757) 382-8775

The 30-second brief

What they're buying

The City of Chesapeake is soliciting proposals from qualified offerors to complete a Financial Plan, Rate Analysis, and Cost of Services Study for the City’s Public Utilities Department. The project requires a financial plan covering a minimum of ten (10) years of rate plan forecasting starting July 1, 2026. The initial project timeline is scheduled from October 15, 2026, through February 15, 2027. The resulting contract will have a one-year term with six additional one-year renewal options. Proposals are due by April 13, 2026, at 306 Cedar Rd, 5th Floor, Chesapeake, VA. A Notice of Interest is due by March 23, 2026. Contact Torriano Askew at (757) 382-8775 for inquiries.

What you must deliver

Financial Plan, Rate analysis, Cost of Services Study, Ten-year rate plan forecasting

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Summary

The City of Chesapeake is soliciting proposals from qualified offerors to complete a Financial Plan, Rate Analysis, and Cost of Services Study for the City’s Public Utilities Department.

The project requires a financial plan covering a minimum of ten (10) years of rate plan forecasting starting July 1, 2026. The initial project timeline is scheduled from October 15, 2026, through February 15, 2027. The resulting contract will have a one-year term with six additional one-year renewal options. Proposals are due by April 13, 2026, at 306 Cedar Rd, 5th Floor, Chesapeake, VA. A Notice of Interest is due by March 23, 2026. Contact Torriano Askew at (757) 382-8775 for inquiries.

REQUIRED DELIVERABLES

4
  • Financial Plan
  • Rate analysis
  • Cost of Services Study
  • Ten-year rate plan forecasting
Submit to
306 Cedar Rd, 5th Floor, Chesapeake, VA, 23322
Scope location
Chesapeake, VA

Questions about this RFP

How do I respond to this RFP from City of Chesapeake?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 13, 2026. The solicitation specifies required deliverables that must be addressed in your response. Submissions should be delivered to: 306 Cedar Rd, 5th Floor, Chesapeake, VA, 23322. For questions, contact Torriano Askew.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including City of Chesapeake in VA, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Torriano Askew at (757) 382-8775. Questions and answers are typically shared with all prospective bidders.

What are the key deliverables?

The solicitation specifies the following deliverables: Financial Plan, Rate analysis, Cost of Services Study, Ten-year rate plan forecasting. Proposals should clearly address how each deliverable will be met.

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Where can I find more RFPs from City of Chesapeake?

All active and historical solicitations from City of Chesapeake are tracked and searchable. As a city agency, City of Chesapeake regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 1 year. Contract terms may include renewal options.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from City of Chesapeake for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Chesapeake, VA. Review the full solicitation for detailed scope requirements.

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