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HomeMy WebLinkAboutResolution 96-339 12/16/1996RESOLUTION NO. 96-339 N.C.5. 1 of the City of Petaluma, California 2 3 APPROVING DETAILED PROPOSAL EVALUATION 4 AND SELECTION METHODOLOGY 5 6 WHEREAS, the City of Petaluma approved Resolution No. 94-157 in June 1994 7 which outlined a methodology for review of proposals for the wastewater facilities 8 project and long range management program; 9 to WHEREAS, the City of Petaluma issued a Request for Proposals for provision of 11 services related to the wastewater facilities project and long range management program 12 in July 1996. The Request for Proposals included a description of the major criteria 13 upon which the proposals were to be evaluated and their respective weights. The RFP 14 also indicated that the weights were preliminary and that final weights would be issued 15 as an addendum to the RFP; and 16 17 WHEREAS, the Citizens' Wastewater Advisory Committee has recommended a 18 proposal evaluation methodology which further expands and defines the methodology 19 adopted under Resolution No. 94-157. 20 21 NOW, THEREFORE, BE IT RESOLVED that the Detailed Proposal Evaluation and 22 Selection Methodology attached herein as Exhibit A is hereby approved and adopted. 23 24 BE IT FURTHER RESOLVED that the Net Present Value analysis will be conducted 25 as described in Exhibit A and that the financial factors and the influent flow and 26 loading projections to be used in the Net Present Value analysis will be derived as 27 described in Exhibit A. 28 29 9814cvallsb/agenda/a:9 Under the power and authority conferred upon this Council by the Cflarter of said City REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a (Regular) (rl8ji5tlt6`~i)t7(S~WFIaI) meeting form on the ....1.G.Xl.L.._....... day of _......._December .....................-...., 19.`3..6..., by the following vote: _ _ .............. City Attorney AYES: MAGUIRE, HAMILTON, BARLAS, READ, SIiEA, VICE MAYOR STONIPE, MAYOR IIILLIGOSS NOES: NONE ABSENT: ~_ ATTEST: . N...yl~,/~C~~GCP~ ... ... ......... .. Cit Clerk -- CA 10.85 Gblmcil P91a_ _._._ Res No..........96.-3.3.9. N.c.s. Exhibit A Petaluma Wastewater Facilites.Project Detailed Proposal. Evaluation and Selection. Methodology (ResolutionNo. 96-339N.C: S.) 1.0 Background 1.1 Objectives -- comply with state law -- "competitive procedure ... not solely based on price" -- "evaluated pr'oject's design; capaoity,.financial feasibility, and cost compared.. with other conventional financing methods.,.... project's cost will be equal`to, or lower than; conventional financing" -- unbiased, fair'and defensible -- reflect Cityvalaes for differentevaluation criteria -- provide flexibility desired by proposers regarding<agreementtennsin base proposals 1.2 Request For Proposals The June, 1996, Request For Proposals (RFP),distributed to the five short-listed teams (Proposers) indicateson page 2-7 that the weightsset forth for the major criteria for the evaluation of proposals are preliminary and final weights would be issued as an addendum to the RFP. On. September 12, 1996, in re"spouse to comments and questions from the Proposers, a letter of clarification of the intent of the RFP was 'distributed concerning the degree to which base proposals must be consistent with the, Drafr Agreements in order to`be responsive and subject_fo further evaluation on a comparative basis. 1.3 City Council Resolution Adopted on June 20, 1994, City Council Resolution No. 94-.157 provides for the following basic steps in the evaluation of proposals submitted to the City: City staff to evaluate responsiveness of each-Proposal and responsibility of each Proposer (r/r). Page l of 22 i~'e~. R(o- 3~A~1CS 2. If any Proposal does not pass initial r/r evaluation, City staff may waive deficiency,, request clarification or additional information, ahd7or may recommend rejection. 3, If rejection of anyLroposa! is recommehded,as a result of the r/r evaluation, City staff must present a report to the Citizens Wastewater Advisory Committee (CWAC) for comment and then present-such reportfor action by City Council. City staff _to submit a report with recommendations (identifying one or more Proposals-for negotiations or rejecting all) to CWAC for comment. 4. City staff to evaluate; score and rank all Proposals. passing the r/r evaluation 6. City-staff to present report and recommehdations to City Councilfor action. City staff to undertake negotiations pursuanPto City Council action. 2;0 City Staff Evaluation $1 2.2 SfaffEvaluation Committee The City Manager; on' or before November _, 1996, intends to appoint the members, of City staff to•serve on the Staff Evaluation Committee (SEC): Such SEC will have the responsibility detegated`to staff under City Council Resolution No. 94-157 to evaluate all"Proposals received in response to the REP and'to present staff recommendations to CityCouncil foraction, after review and comment by the CWAC. Basic ProceduratRules -Each member of the SEC will evaluate each Proposal under the initial responsiveness/responsibility review, ahd then will evaluate and score "each Proposal ,passing the initial -.:review against each major criteria, assigned to such member The individual scores of'each member for each majoreriteria will be aggregated anil then. divided. by the total number of SEC members assigned to each major criteriaao'yield<an average score for each Proposal for each ofitlie major criteria. Identical„ pre,formatted worksheets will be utilized by each memberpfttie SEC for each of the majorcriteria and their related subcriteria: The SEC may submit to one or more ofthe Proposers written requests for clarifications of specificaspects of the Proposal. The SEC will hold periodic meetings to discuss the contents of the Proposals; including questiohs, the need for clarifications, written requests to tfie Proposers for clarifications, and. the written responses submitted by the Proposers; as well as to review and discuss the progress of the evaluatidn process. Page 2 of-22 ~eso. 91D- 339 fJCS 2.3 .Role of Consultants No consultarif,shall be a,inember~ofdtie=SEC;or.ltave ariy scoring;or voting, rights on~the SEC. To the extent, requested by She SEC, the :consultants may provide technical assistance to the SEC in its review and'eyaluation of tfie Proposals. 3.0 Responsiveness and Responsibility Review Each question to be answered Yes;or No. If any question is answered No; then the Proposal may. be rejected: 3.1 Responsiveness -- Does the Proposal substantially conform witfi tfie format and content reg6irements of the RFP? -- Does theProposal,contain any significanteleiiient which is not demonstrated. to be feasible or which;is,ottierwise unacceptable tothe,City? -- Doesafie Proposal include the Proposal Deposif as"required by the RFP? -- Does the Base Proposal include the fundamental elements set forth in the September 12, 1996;.LetterofClarifcation of Intentbf RFP?. 1. New-Treatment Facilities 2. Existing Treatment Facilities 3. Fixed prices 4. External indexes for adjustments of fixed`prices 5. City reviews 6. Existing Facilities and,Publio Works Projects 7. Local Government Privatization Act 8. Public Utilities Code 32 Technical Capabilities -- Does the Proposal demonstrate that Proposer will have sufficient personnel available 'iii the followingteclinical`areas -- design, -- permitting;. -- construction,.. -- construction;management, -- operations°and maintenance? -- .Does the. Proposal demonstrate that the "proposed process for the New Treatment Facilities has been,proven to be reliable and is capable of consistently meeting effluent. performance criteria? ~eso . ~l to -339 ~ cS Page 3 of 22 3.3 Financial Capabilities =- Doesthe Proposal contain°a.commitment letter (or letters)"from a surety'(or sureties) listed.-as acceptafile by the'most recehfpublication'by the U.S. Department of Treasury of Circular-570 ("Commpanies Holding Certificates of Authority as Acceptable Su"reties on Federal Bonds ai+d' as Acceptable Reinsuring Companies") indicating willingness to provide forthe Proposer: =- A Project Development Bond in ap amount equal, to Proposer'.s estimate oftfie4otal capital cost for the New TreatmenfFacilities? -- A Service Bond in an amount equal to•Proposer's estimate of Service Fee. for first year based on Proposer's pricing terms and the City estimate ofinfluent loadings for the first year of plant operations (see Attachment B)? -- Does the Proposal contain satisfactory evidence of the ability of the Proposer fo provide or arrange-for the capital and other funds necessary to finance the design and construction of the New Treatment Facilities? -- Do the rfinancial. statements included in 4he Proposal indicate the ]?ioposer's (including proposed ,guarantors or obligors) compliance with the following minimum financial standards: -- Equity;ih excess of$ 50.0million,.as•ofthe ProposaLDue.Date or; if ;financial information is unavailable as of'the Proposal Due Date, then such;other date as closeas possifile to the Proposal Due Date? - Positive Return on Equity for two of the most recent three fiscal years; orifthis is not the case, isa satisfactory explanation provided? -a Liquidity in excess of 1:1.8, as measured by current assets divided by current liabilities reported on the most recent audited balance sheet available to the Proposer or, if this is not the case, is a satisfactory explanation provided? 4:0 Comparative Evaluation 4.1, Major Criteria and Weights Proposals passing the r/r review will undergo a rigorous comparative evaluation. The comparative evaluation.will comprise two criteria: 1)Non-Price and, 2) Price. The Price evaluation will be based on a'net present value calculation: The Non-Price evaluation wilLcomprise evaluating five (5) major Non-Price criteria. The £ve major Non-Price criteria and their associated weights are: ~esa. 91n-33~i ` 0.1cS Page 4 of 22 Maximum Non-Price-Criteria Po'infs, Technical Approach.. 300 (30%) Financing Approach 100 (10%) FinanciaLCapabilities 150 (d5%) Company/SfaffQualifications 250 (25%) Agreement Terms 200 (20%) Total: 1,000 4.2 Each of the above "`NornPrice" major criteria includes several subcriteria, as further described below in Sections 43 through 4.7. Scoring, Ranking and Selection 4,211 Scoring and Ranking The Proposals will be scored and ranked on'the basis of how each. P-roposal compares to the others for each of the two~criferia (Price and Non-Price). The Price criterion will be evaluated; on the basis of a net present value: calculation_`asseY_forth in Subsection 4:8_ The.other major. criteria,,referred to as the Non-Price criteria will be evaluated on ,the basis of several sulicriteria and factors as seYforth;under Subsections 4.`3 through 4:7. Individual points°will be! awarded for each subcriteria included :irr four of the Non=Price criteria. (Technical Approach, Financing Approach, Financing Capabilities and Company/$taffQualifications) as follows:. IVlost Advantageous Proposal(s) max. points Advantageous Proposal(s) 75% of max. points Adequate.or Average Proposal(s) 50% of max. points Unacceptable Proposal(s) zero points Upon completing;the;evaluation for'eachof`the major criteria, one ranking will be'presented to reflect the combined results of the "Non-Price Criteria" and v , >__ another ranking will be;presented toereflecYthe results of the "Pricing" criterion. The Non-Pnce`Griteria'ranking will be fi;om,liighest to lowesf overallpoinbscore and the Price ranking,will be>froin lowest+to highestnet present value of the total costs to the'City.: 4.2.2 Selection One or more Proposal(s)iwill:be selected:'for the purpose of contracYnegotiations (after review and comment'by the CWAC,of the SEC's recommendations and afer approval by City Coupcil) based'onrthe City's determination, in its sole and exclusive discretion, of the most advantageous combination of Non-Price and Page 5 of22 ~e.sa. ~ to - 33 1' nXtS Price considerations; If the same,Proposal is ranked first in.bdthahe Non-Price and Price ::rankings, then only such Proposal will be.recommended by the SEC for contract, negotiations, unless a decision is made°to recommend the rejection of .all Proposals. Alower-ranked Proposal will be considered for. confract negotiations only after negotiations' with such first-ranked Proposer ..are concluded, in the City's sole discretion, without reaching _agreement on final contract. terms. If no single Proposer is ranked first on both the Non-Price criteria and the-Price criterion, then either one`or more than one Proposer may be recommended for contract negotiations. 4.3 Technical Approach 4.3.1 PurposebfCriterion -- to assess the relative merits of the proposed approach to the technical activities and related performance requirements 4.3.2 WastewaterPrivatization Services 4.3.2.1 Overall Quality How well is the technical approach presented in terms of comprehensiveness, understanding,,level of detail and substance? 4.3.2.2 Interim {Services (a) Transition Plan -- What level of clarity, comprehensiveness and effectiveness is demonstrated? (l) O&Ivl of Existing Treatment Facilities -- How complete an understanding of the projects requirements is demonstrated in the proposed scope of work? How clearlyare the Proposer's responsibilities defined and how well do they"reflecfahe City's needs? (c) Industrial Pretreatment and Pollution Prevention Programs, -- How clearly defined and comprehensive. are the proposed programs? How. well does the scope of work reflect an.understanding of the'programs?' 4.3:2.3 New Treatment Facilities The following factors (and possibly .others) will be considered to evaluate the degree to ,which each Proposal demonstrates the benefits of the proposed treatment process and the ability of the New Treatment Facilitiesio meet the objectives=and requirements of the project: -- reliability -- flexibility -- regulatory compliance program Page 6 of22. i~eso:. Q ~°- 33g t~c:S -- environmental`sensitivity -- energy conservation, -- biosolids irianagament -- aesthetic/arcliitectutal -- plan fornew utilities -- permitting -- chemical usage -- performance test plan -- design development -- plant process control system -- access to site -- construction 4.3.2.4 Schedule How comprehensive is tfie. scfiedule for permitting, design and construction of .the New Treatment:: Facilities? How realistic is the scfiedule? Is-the critical patfi clearly defined? How respohsiva is the schedule to the need to bring the New Treatment Facilities into operation within the shortest possible time frame? 43.2:5 Long Term Services How :clear, comptehensive 'and effective is the transition plan? How .effectively do the standard operating procedures account for different operating conditions? What level. of reliability and flexibility is demonstrated with respect to the long-term operation and maintenance of[he New Treatment Facilities? 43.3 Public Works Services 4.33.1 Design;anil Construction ManageritenCServices The-following factor{and possibly others) will be considered to evaluate '~ the.degtee,to which each Ptoposal,demonstrates the benefits of the proposed approach to .the design and construction management services required for the Ptiblio'Works Projects and the ability of the Proposer to meet the objectives and?requirements>of theproject: (a) Scopepf Work --.what level of understanding of the requirements for the Public Work:Projebts is demonstrated in the proposed scope of work? 433.2 O&M•ofExistii~g~Eacilities -- How complete an-.unilerstandiiig of the project's requirements is demonstrated in the ,proposed scope of work? How clearly .are the Proposer's responsibilities. defined and how well do they reflect the City's needs? , Page 7 of 22 o. °Iln 33~i' tJc.S 4;3.4 Maximum Points for Subcrite~ia The maximum point score for each subcriteria is as follows: Subcritetia Weight Qverall Quality I5 Interim Services 25 New Treatment Facilities 130 Schedule 30 Long Term Services 50 Design/Construction Management Services 25 O&M of Existing Facilities 25 'T`otal: 300 The total of 300 is based on a relative weight of 30% for Technical Approach per Section 4.1 4.4 .Financing Approach 4:4.1 Purpose of Criterion -- to assess the relative merits of the proposed fihancing approach relative to the Draft Wastewater Privatization Service Agreement 4.4.2 Subcriteria The debt, equity and guarantee components ofihe proposed financing-approach will each be'evaluated in terms of: 4.4.2.1 Implementation of Construction Stage: (a) Overall Quality -- Is the financing approach presented comprehensively, including all elements necessary to demonstrate timely funding, guarantees and repayment over the full term of the agreement? -- Is the financing approach explained in sufficient detail to provide adequate understanding ofall elements? -- Does the description of tfie elements of the financing approach accurately reflect important conditions, circumstances and policy elements of the RFP? (b) Risks -- To what extent does the fhancing approach require approvals not directly guaranteed by the terms of the Proposal? Page 8 of 22 ~eSO. 9~ - 33~ Nc-S -_ Totwhat ex_ tent is the.viability of the financing approach aT its assumptions affected by market conditions or other uncontrollable risk,conditions? ' r- How complex is the financing approach (number-of parties,. likelihood of eachparticipating)? -- To what extent; `does', ttie financing approach appear to ?negatively impact the fin„ancal strength of the P,roposer,? -- To what extent does the Proposal contain provisions for mitigation of the risk elements'of the financing approach (e.g., ..interest rate changes-prior to the closing of financing)? (c) Timing/Schedule -- Does the Proposal include.a+detailed schedule of all events necessary to accomplish all,elemenfs of the financing:approacfi? -- Is the schedule realistic; with appropriate cushions. i^ timing and:fall back plans for unachieved deadlineswhere;appropriate? -- Are the steps requitedifor'financing well integrated;,and is4he financing schedule itself well integrated with tfie temainder of project scheduling? -- To what extent does the schedule include any steps required. of the City and to whatdegree.are these acceptable'and feasible? (d) Assumptions s- Does the financing approach contain a complete and detailed description of all assumptions? -- Are-the assumptions realistic. with respect to each other as well as to external circumstances, and qualified where necessary? -- Do the assumptions, wfiere applicable, accurately reflect economic and financial market conditions and perspectives as well as other factors .and circumstances affecting timely implementation of the financing approach? (e) Flezifiility -- To what extent. does the financing approach contain alternative approaches fo~-eacfi;component? -- Does the Proposal provide for the possibility oftax-exempt PtivatBrActivity Bonds, if available? 4.4.2.2 Implementation°of;Ope~ations Stage (a) Risks --: To'whatextenYate sub"sequent events required for the success of the :fnancing; approacG (e.g., rollover of debt, balloon payments; substitution of guaranty parties, conversion of debt terms; etc:)?` -- Ifiany subsequent eyentsare;,required, to what exteht are there any questions or issues with respect to the factors described above regarding Timing,ASsumptions and Flexibility? Page 9 of 22 $E54: 9 6- 3 3 g N C S -- To'what degtee does the legal structure of the Proposer or t_he structure of the financing create. uncertainty' that the. parties to tfie financing can; remain together for the duration of them commitment? (b)Cohtrol/Operation Impacts -- To what eztenf can any critical proposed element of the. project operation ,be adversely affected by the financing- approach after operations begin (e.g., proposed capital replacement and reserve'ftinding)? 4.4.2.3. Relatiorito Fixed Prices (a) Risks -- Ate there any elementsof'the capital cost component of the pricing proposal. that are not fixed or iitfienvise guaranteed relative to the terms and provisions of the financing-approach? -- To what extent- is tfie= Proposal vulnerable fo subsequent' events which are necessary to the financing approach?- 4:43 Maximum Points for Subcriteria The maximum pointscore for each subcriterion is as follows: Subcriteria Weight Implementation of ConstructiomStage 50 Implementation of Operations Stage 20 Relatio_n.to Fixed Prices 30 Total':' l00 The total'of'] OO;is based on a relative weightof I0% for Financing Approach perSection 4.1 4.5 Financial Capabilities 4.5.1 Purpose of Criterion -- to assess the:~elative fihaiioiaf strength of;the Proposers, including guarantors and obligors ("Proposer"'includes guarantorsand obligors) relative to the Draft WastewateYPtivatization Service.Agreement 4.-5':2 Subcriteria -- all financial,rafio',calculation"s inclri8ad below'are,to be based on book values, but consideration :may be„given to'~riar_ket, values in cases where significant. deviation exists YtES(D. g 6- 3 3 g N C S .Page IO of 22 - 4:5.2.1 Ratings (a) Credit Rating -- What are the S&P and/or,Moody's credit ratings (or other. outside credit evaluation that may be;:available) curtently and for the past three fiscal years? (b) BankReferences -- Whatis the quality of the responses obtained from bank references? 4.5.2.2 Size (a) Tangible Net Worth -- What. is the value of tangible net worth currently and for the past thtee~fiscal years? -- Wfiatis the impact of the ptoposed.financing approach on equity? (b) .Asset Base -- What are the asset base values currently and for the pastth~ee fiscal years? (c) Revenue Base -- What levels of gross revenue have been. generated over the most recentquarters and during the prior most recent three fiscal years? 4.5.2.3 Profitability/Cash Flow (a) Opetating/Net Income -:- What levels of operating income and net income have been earned over the most recent quarters. and dining the prior most recent three fiscal' years? (b) Return on Assets/Equity -- What returns pn assets and on equity are indicated by the balance sheets=and ihcome<statemerits forthe~most recent quarters and the most recent. three: prior ;fiscal ,years, calculated on the basis of net. income divided by total,assets and by shareholder's equity? RESO.96-339NCS Page 11 of 22 (c) Profit Margins. -- What profit marginsl(calculatadbn the'basis of net income divided by revenue) are indicated by the '.income statements for the most' recent quaftars and the most recentthree fiscal years? (d). Cash Flow -- What cash flow positions are iiidicated.by the income statements for the most recent quarters and the most recent three fiscal years, calculated. as (net income-+ depreciation + deferred taxes) divided by Tong-term debt? -- Whafis the impact of the proposed,financing approach on cash flow? 4.5.2.4 Liquidity/Leverage (a) ,Liquidity -- Wfiat;liquidity values do the balance sheets for the most recent quarters and the mostrecent three prior fiscal years reflect, calculated o0 the basisof current assetsdivided by current liabilities? (b) Leverage -- WhaY;leverage values are indicatedbythe balance sheets for the most recentguarters and the most recent three prior fiscal years, calculated on the basis of total long-term debtdivided 6y equity? -- Whaf is,the impact of the proposed financing approach on leverage? 4.5:2.5 Trends/Misc. (a) General -- What trends may be indicated 6y'tfie above financial indicatots in termsof growth; profitability andfinancial risk? (b)' Material,Adverse Conditions -- What particular areas of concern; such as pending litigation or past bankruptcy filings, .may be indicated- with respect to the on-going financial;strength of the Proposer? (c) Contingent Liabilities -- Do any of the contingent liabilities`,present acause for concern as to the on-going financial strength of the Proposer and how do the contingent liabilities compare to'.tfie financial indicators? RED®.96-339NCS Page 12 of22 45.3 Maximum Points for,Subcriteria` The maximum point scor8 foreachsubcriterion>is as follows: Subcriteria Weight Ratings 30 Size 30 Profitability/Cash Flow 30 Liquidity/Leverage 30 Trerids/N1 isc. 30 Total: I50 The total of 150 is based on a relative weight of`1'S% for Financial Capabilities per Section 4:1. 4.6 Company and';StaffQualifications 4.6.1. Purpose'ofCriterion -- to assess4he relative capabilities andanticipaYed effectiveness of the proposed company and the proposed staff 4:6.2 Subcriteria 4:6[2.1 Overal I'Qual ity -- .How clearly and comprehensivelydoes the Proposal present the legal sfructure and the relevanT capabilities and performance history of'the Proposetiand the proposed staff? 4.6:2.2 Legal Structure -- How effective is the proposed, egal structure and organization of the Proposer,likely to bein.managing:and carrying out the proposed services and, related obligations of the Company and in othettivise meeting the City's needs? -- Are there any aspects of the relationships reflected in the proposed IegaLstructure that may raise coricernsthat a party or parties may lack appropriate;ipcentives'or the ability to fulfill their obligations tliroughout the.entira term of the agreement. 4.6.2.3 Compliance'History --- How dothe records of compliance history„as perAttachment O to the RFP, compare? Page 13 of 22 R~S~1.9.6 - 3 3 9 N C S 4.6.2.4 Firm Qualifications 4.6.2.4.1 Wastewater Privatization Services -- Interim Services: How does the Proposer's experience aiid demonstrated capabilities relate to the scope of work associated with operation and maintenance of the Existing Treatment Facilities and with implementation of the Industrial Pretreatment Program and Pollution Prevention Programs? To what degree do the results of contacts with client references support or contradict the qualifications set forth in the Proposal or otherwise provide support for an expectation of successful performance by the Proposer? -- Project Development How does the Proposer's experience and demonstrated capabilities relate to the scope of work associated with the permitting, design and constructioq of the New Treatment. Facilities? To what degree do the results of contacts with client references support or contradict the qualifications set forth in the Proposal or otherwise provide. support for an expectation of successful performance by the Proposer? Inspect similarfacilities designed and constructed by Proposer. -- Long Term Services: How does the Proposer's experience and demonstrated capabilities relate to the scope of work associated with operation and maintenance of the New Treatment Facilities and with implementation of the Industrial Pretreatment Program,and.Pollution Prevention Programs? To what degree do the results' of contacts with client references support or contradict the qualifications set forth in the Proposal or otherwise provide support. for an expectation. of successful performance by the Proposer? Inspect similar facilities currently operated and maintained by Proposer. 4.6,2.4.2 Public Works Services -- How does the Proposer's experience and demonstrated capabilities,relate tothe`scope of work associated with operation and.maihtenance oftfie Existing Facilities? To what degree do the results of contacts with client references support or contradict. the 'qualifications. set forth in the Proposal or otherwise provide support for an expectation of successful performance by th8 Proposer? -- How does the Proposer's experience and demonstrated capabilities relate to the scope of work associated with the design and. construction management of the Public Works Projects? To what degree do the results of contacts with client Page 14 of 22 ~~~ ~ ~j - ~ 3 ~ ~ C references support+or.contradict the qualifications setforth in the. Proposal or otherwise provide support for,.. an expectation of successful performance,liy the Proposer? 4:6.2.5. Earsonoel Qualifications 4i6i2.5.1 Wastewater Privatization Services -- Interim Services: How does the experience and demonstrated capabilities of key management, operations and maintenance personnel relate to the scope of work associated with the operation and maintenance of,the Existing Treatment Facilities and with implementation of :Industrial Pretreatment and Pollution Prevention Programs? How effective and what benefits are associated with the proposed approach of the Proposer to supervising and managing such .operations personnel? -- Project Development: How does the experience. and demonstrated capabilities of key design and construction personnel relate to the scope of work associated 'with the permitting design, and construction of the New Treatment Facilities? How effective and what benefits are associated witfi the proposed approach of tfie Proposer to supervising and managing such permitting; design and construction personnel? -- Long Term. Services: How does the; experience and demonstrated capabilities of key operations and maintenance personnel relate to .the scope of work associated. with the operation and maintenance of the New Treatment Facilities^and with implementation of Industrial Pretreatment and Pollution Prevention Programs? How effective and what benefits are associated with Elie, proposed approach' of the Proposer to supervising and managing_such operations personnel? -- Management, Personnel. How does the experience :and demonstrated capabilities of the designated management personnel relate to the cope of work associated with the Interim Services, Project Developmem,and Long-Term Services? To what level~will;the project director be committed to the project? What,. !if ~any,a was -the management personnel's level of involvement relative'to 'any affirmative answers, to Attachment 03 4:6:2.5.2 . Puli l ic`W orks Services -- How. does. the experience and demonstrated capabilities of key''`managemeht, operations and maintenance personnel relate to the 'scope of work associated with the .operation and Page 1S of22 RES®.,g 6- 3 3 9 N C~ maintenance of the Existing Facilities? How effective and what benefits are associated .with the proposed approach of the Proposei to supervising and managing such operations personnel? -- How does the experience and demonstrated capabilities of key design and construction management personnel. relate to the scope of work associated with the design and construction df the Public Works Projects? How effective and what benefits: are associated with the proposed approach of the Proposer to supervising and managingsuch personnel? 4.6.2.6 Allocation of Resources -- Local Resources: To what degree are local (Bay Area) resources, such as suppliers, service providers, subcontractors and labor, incorporated into the Proposal? -- Depth of Resources: How extensive are the relevant key technical resources dimonstrated to be available to Proposer for carrying out 'its obligations for this project? 4.6.3 Maximum Points for Subcriteria The maximum points available for each subcriterion is as follows: Subcriteria Weieht Overall Quality 15 Legal Structure 55 Compliance History 15 Firm Qualifications 75 Personnel Qualifications 75 Allocation of Resources 15 Total: 250 The total of 250 is based on a relative weight of 2$% for Company and Staff Qualifications per Section 4.1 4.7 Agreement Terms 4.7.1 Purpose of Criterion -- to assess the relative degree to which proposed variations depart on a substantive basis from the terms of the Agreements Page 16 of 22 RES®. g G- 3 3 9 N G S -4.7:2 Subcriteria 4.7.2.1 Force Majeure Definition -- To what. extent do tfie proposed changes expand the 'definition of Force Majeure? 4.7:2.2 Force Majeure Impacts -- How do tfie:proposed termsfor addressing the conditions arising from a ForcelMajeure event increase the level of risk assumed by the City? 4.7.2:3 Existing Treatment Facilities (WP,S'A, Section 3.2) -- In wfiich respects do the 'proposed changes reduce the ProPoser's responsibilities for operation and'-maintenance of the Existing Treatment Facilities prior to the Commencement Date? 4.7.2.4 Project Schedule (WPSA, Sections 4:2 and 4.10) -- What delay risks for completion of'the New Treatment: Facilities would.be shifted to the City asa result of the proposed changes? 4.7,2.5 Project Acceptance (WPSA, Section 4.9) -- To what extent are the proposed changes adverse to the. provisions relati'ngao-Project Acceptance? 4.7.2.6 New Treatment Services (WPSA, Sections 5.2 and 5.3) -- In which respects do tfie proposed changes reduce>the Proposer's responsibilities or otherwise modify the provisions concerning; the New Treatm ent Eac i I hies? 4.7.2:7 .Service Fee (WPSA, Section:5.5) -- How closely does the proposed formula approximate the~$ervice Fee formula, and what are the risks; benefits and disadvantages of any variationsproposed;to;the~formula and/or adjustment mechanisms? 4.7.2:8 Modifications (WPSA, Section.7.0) -- What variations,;are! proposed which may be adverse to the City's rights concerning modfi'catons;to•the prdjecforthe services? 4.].2.9 Insurapce; Bond`s and7ndemnificatioi9{WPSA, Section 8.0) Page 17 of 22 RESO.9 ~- 3 3 9 N C S -- How do the proposed variations. adversely affect .thee, protections provided to !the City by the provisions concerning. insurance; bonds and/or indemnification? 4.7.2.10 Ti;i`mination Fot Convenience (WPSA, Section 9.0) -- In whatiways do the proposed variations reduce the rightsiif the City with respect. o its abilityto terminate the agreemenf for convenience? 4.7.2.1:1 Ground'Lease -- To what extent does the,Proposal include proposed variationsonahe terms of fie Draft Ground LeasethaYadvetsely affect,the lessor rights of the City? 4.7.2.12 Other -- To-what extent do the proposed variations to the Drafr. Wastewater' Privatization .Service Agreement, other than those listed above; materiallyand°adversely affect the rights'of the City? 4.7.3 Basis of Scoffing Detailed worksheets will be utilized'by each member of the SEC incorporating the above questions"in order to evaluate and compare each Proposal's variations to the Drafr Wastewater Privatization Service Agreement and Drafr Ground Lease. Specific maximum point scores will nobaie utilized for each subcriteria. The assignment. of points for the. Agreement Terms major criterion, up to the maximum amount of 200, will be based on an overall assessment of the proposed variations in the terms of the.Draft Agreements. 48 Pricing °4:8.1 Total City Costs The Pricigg'terms wilt be evaluated 6ytaking into account-the total overall costs anticipated to be 'incurred by the City over a 30-year operating period in connection witfi'"tfietbase proposal Tfie proposed O & M Fee, Service Fee and Interim Service Fee amounts will be subject to ~a net present value analysis as described im Subsection .4.8.2 below. [n addition, the impacT of the base proposal on other costs'tfiaFwill be incurred by tfie-City, such as,the costs for new effluent conveyance and storage facilities, will be evaluated also on a net present value basis, as described in Subsection 4.8.3 below. Rankings of the Proposals;:for purposes of the Pricing,criterion:will be based on the total overall costsanticipated to be incurred by the City and as'reflected by the composite net ptesenfvalue based on Subsections 4.8:2 and 4:8:3. Yt~SO.96-339NCS Page 18 of 22 4.8.2 Net Present Value'Calculation The Net Present Value (NPV) of ilia O, & M Fee, Interim Service. Fee and" Service Fee payments during the Initial Term (i.e., 30 yews after 4fie Commencement- Date) will be calculated utilizing the proposed pricing terms included in each .base proposal and the City's assumptions as to future influent. loadings (see Attachment A). The Expansion Price, Teriniriation For Cdtiveriiance :Payments and IPP Credits under the , Draft Wastewater Privatization Service Agreement, and any alternatives to the base proposal are not to be included' in the NPV ca{culation, Such proposed amounts; and alternatives to the base proposal will, however, be utilized in contract: negotiations. ' The NPV wil(lie calculated as follows: Tfie'following price components will be included: -= O & M Fee. -- InteFiin.Seivice Fee -- Service Fee Tfie: payments by the City relative: to the O&M Fee .will' be calculated over,a 5-year period starting on ftie assumed O&M start=up date (See No. ¢ below . The a ments b thg City relative to the Interim Service PY Y Fee will 6e calculated on the assumed O & M start-update and ending on the assumed EommencementDate (see .no. 5 below). Payments relative to .the Service Fee will be-calculated over a30 yeaz period.(the initial,'term) starting on the as§iimed Commencement Date and using a baseline projection of assumed Influent flow and loadings prepared by. the City for such 30-year period (see:Attachment A). If transfer to the City of ownership of the New: Treatment Facilities at the end of the initial 30-year operating period would require a payment by the City'("Transfer Price"), then~an estimated value for such Transfer PriceJ.in.year 30 will be added to the NPV of the City payments. The estimated value will be based on'the proposed method ,of setting°the Transfer Price: If a fair market value basis is proposed as the Transfer Price, then its eStiinated value shall be equal to fifteen percent-(IS%) of the Proposers.capital cost of`the New Treatment Facilities with such capital cost amountadjusted,from the assumed Commencement Date to the'year 30'by [he'annual inflation,factoCOffnur percent (4%). 4. If owner§fiip;oftfie New; TteatmehtFacilities would be transferred to the City at the eiid of'the, Initial'Term without any payment to be made by the City'("Residual'Value"),#hen the anticipated value of the facilities at that time: will be, deducted ftom> the NPV of the City payments. Such Residual Value will'be~calculated:asthe'amount equal to fifteen percent (15%) of'the Proposer's capital: cost and adjusted from the assumed Page 19 of 22 1$E~®: 9 6- 3 3 9 N C S Commencement Date to .the year 30 by the annual inflation factor of four percent (4%). 5. Followingmilestone dates areassumed for NPV calculation. Description Date Effective•Date January 1,1998 Starting Date, for O&M of Existing Facilities April 1, 1998 (O&M Fee) and Existing Treatment Facilities (Interim Service Fee) Commencement Date for Annual Economic July 1, 1999 Adjustment to O&M Fee (Section 5.2.1 of Attachment C) Commencement Date (end of Interim Service July 1, 2000 period) Commencement of Annual Economic July 1, 2001 Adjustment to Service Fee (Section 5:5.2 of Attachment A) Contract for O&M of Existing. Facilities April 1, 2003 Expires Build-Out 2015/2016 Initial Term Expires July ], 2030 6. The following financial factors will be utilized: -- annual discount rate equal to six and one-half percent (67z %) -- CPI Annual Change of (value to be based on review of historical percentage change in CP/ for Urban Wage Earners and Clerical Workers for San Franeiseb-Oakland) -- Energy, Provider Rate Change, of (value Jo be based on review of historical percentage change in energy indexes) -- Chemical Index Change of (value to be based on review of historicdl percentage change in. Wholesale Price Index for Industrial Chemicals (061)) 7. The: following annualized land costs will be included in the NPV for each base proposal:. (a) Oxidation Pond Site: $45_ per acre (for the first 5 years after the Corninencement Date„escalated 2% per year thereafter) (b) Other Plant Sites: (market price) per acre (for each year up to the~Commencement Date) Page 20 of_22 ~tE~O: ~J b- 3 3 9 N C S $ (market price) per acre (for the first five. years after the Commehcement Date, escalated 2% per year tfiereafter) 4.8.3 Reclaimed Water Storage and Other Pricing A"djustments The proposals must include an estimate of the minimum amount of reclaimed water storage associated with the propdsed wastewater treatment technology. If this amowu does not vary significantly between proposals, then the estimated cost implications of the reclaimed water storage reservoirfor each proposal will not be included in the comparative NPV calculation. However, if the amount of storage required foreach treatment technology varies such that the relative cost implications are impacted significantly, then an estimated cost for the reservoir will be included in the NPV calculation for each base proposal. If, upon review of the ptoposals, the SEC determines that this calculation is warranted, then it will be conducted by estimating the construction costs associated with each proposed design. If necessary, other adjustments will be.applied to the proposed. pricing foreach base proposal.as may be necessary to reflecrthe total overall costs to the City and the NPV calculation methodology set forth under Subsection 4:8.2 will be applied. 5.0 Negotiations and Conventional Finance Comparison 5.1 Contract Negotiations Upon the adoption by City Council of a resolution accepting or modifying the recommendations of the SEC and after comment by the CWAC, the City Manager shall appoint a contract negotiating team consisting of selected members of City staff with. appropriate support from the consultants. Such contract negotiating team shall enter'into good faith negotiations with one or more Proposers, depending on the direction from City Council, and shall present to the CWAC for review and comment and then to City Council for action, a recommendation as to the proposed final form of the contractual. documents for the Wastewater Privatization Services and the Public Works Services. Suchpegotiations shall continue for such period of time as may be necessary to ,reach final agreement; between City staff and the Proposer or Proposers as to all terms and ,conditions or until such point that City staff determines in i[s sole discretion that fuRher negotiations are not likely to lead to final agreements. 5.2 Conventional Finance Comparison Prior to presenting the final conttact documentation to City Council for action, the City staff will prepare, in accordance with Section 54253 (b) of The Local Government Privatization Act of 1995, as amended, ait evaluation of the final project's proposed design, capacity, financial feasibility and cost compared with other conventional financing methods. This evaluation and comparison. will be based on the evaluation of the Proposals conducted by the SEC and upon the information provided by Proposers, Page 21 of 22 ~~~®.9G-339NCS and',furtherevaluated and adjusted (if deemed"necessary) by City staff, underSubsectioh 3.4.12 of tha RFp. 53 City Council Action City staff, after completingfinal 'contract negotiations and the evaluation. required by Section 5.2 above and. after review and comment< by the CWAC, shall, present. the proposed final contractual documents and thel resalts ofahe Section 5:2 evaluation and comparison to City Council for action. MB/mWe:\winword\salmons\waztewffi\evalm[fl. doc Page 22 of 22 ~tESQD. 9 6- 3 3 9 N C' S ATTACHMENT A PROJECTED,INFLUENT FLOW ANDZOADINGS TO THE NEW TREATIVIENT'FACILITY dtES®. 9 6- 3 3 9 N C S ATTACIIMENT.A PROJECTED.INFIi7ENT EI;OW. AND I:OADING'TO THE NEW TREATMENT. F`ACII:ITY INTRODUCTION As stated in Section 4.8'.2, the Net,Present Value (NPV) of the O&M Fee, Interim Service Fee„and Service Fee paymerits,during:`the Initial Term will be calculated utilizing the proposed pricing terms included. m each base proposal and the City's assumptions for future influent laadmg to the' New Treatment Facility. The. O.&M Fee .and the Interim Service Fee are based on fixed monthly rates and are not dependent on plagt flows and loading: Therefore influent projections are- not needed to calculate-the NPV of each of these fees. SERVICE.I~E The,Service Fee is`based on a combination of fixed cost factors and variable cost factors: Service Fee = FCl +FC2 + FGL + QP + BOD + SS; where: Fixed. Cost: Factors FC1 =fixed amount to reflect capital investment (proposal) FC2 =fixed amount'to reflect operations and maintenance costs (proposal) FGL =fixed amount to reflect Ground Lease (determined by City) Variable Cost Factors. QP =variable charge. for pumping based on the total of (a) the cumulafive monthly flow times a constant factor of $( j_per.million alg lons and (b) the Peak.^Fiourly'Flow for the month times a "constant factor of ~( j per million allons per dam BOD =variable charge :for processing of'dnfluent Biological Oxygen Demand (BOD) based on the cumulative monthly loading of Influent'BOD in pounds times a constant'factor of $( ,).-per pound o'fBOD. SS =variable charge for processing of Influent Suspended Solids (SS) based on [he cumulative monthly loading of Influenf.SS.n pounds times a constant factor of $( Zper aound of SS`. ( )indicates value to be provided in proposals. In order to calculate the NPV of'the Service Fee, the Cityinust project future values for the four (4) variablecost factors listed above (BOD, SS, Q and P). These projections will be based on historical•;plant flows and the Influent Parameters anticipated at Build-Out (refer to Appendix G of Attachment A). The projections will tie calculated for an annual basis that coincides with the City's fiscal year, and will be conducted assuming a linear progression from peso q lo- 339 rJ CS c:\rCpwwtp\propeval\atlach-a:doc current and historical flow values to projected values at ,Build-Out of the General Plan (assumed to occur in 2015/2016). Projections for BOD and SS at Build-Out have already been conducted and aze provided in Appendix C of Attachment A. Therefore,, projected values for Q (the cumulative monthly flow) and P (Peak Hourly Flow for the.month)'must be calculated. Calculation of Q The. calculation for the variable Q was conducted for an. annual basis, or the Total Annual Flow (million gallons). Using historical influent flow data from July 1986 to June 1996, the average ratio of Annual Average Daily Flow to Average Dry Weather Flow (influent flow for June, July, August and September) for the referenced timeframe was calculated to be 1.09 (see Table Al). Table Al does not- include data from 88789 due to meter failure. The average ratio value of 1.09 was calculated without the high and low historical ratios of 1.37 for the year 94/95 and 1.03 for the year 86/87, respectively. Applying the calculated ratio of 1.09 to the Average Dry Weather Flow of 6.7 mgd (see Appendix C of Attachment A) yields a projected annual average daily flowrate at Build-Out of 7.3'mgd, which yields a total annual flow of 2,665 million gallons. Calculation of P (Projected values for Peak Hourly Flow will be based on a review of historical monthly peak flows.) Annual Projections Thee projections for Total Annual Influent BOD, Total Annual Influent SS, Total Annual Flow (Q)'and Peak Hourly Flowrate (]?) aze shown on Table A2. For example, in 2009/2010 the projected Total Annual. Influent BOD is 5,694,275 pounds and the projected Total Annual Flow is 2,443 million gallons. These values will 6e used to determine the NPV of Service Fee costs for 2009/2010. Since the NPV calculation assumes that Build-Out of the General Plan is attained in the year 201'5/2016, he projected influent values remain constant after that yeaz. Even though the influent variables remain constant, the costs will continue to be adjusted based on their respective indexes. Assuming a Commencement Date of July 2000, the end' of the Initial Term is,June 2030, which is the last.date shown on Table A2. USE OF'PROJECTED VALUES The values provided in Tables Al and A2 are for NPV calculations as described in this document, and are notvalid for any other purposes. 4~e~p q~-339 nlc.S c:\rfpwwtplpropeval\attach-e.doc Table,Al ..Ratio of'Annual Average;Daly, Flow to ADWF Annual Avg. AllR'F -.llauy: Flaw Ratlo ofAiiiiiaal Year (mgd) (mQd). -~AGg:~Flow to ADWF 86/87 4.02 -0:16 ~ - 1.03 R7/R8 4.10 4.35 1106 R9/90 - 4;18 4'.29 1:03 90/91 ~ ~ - 4.11 4:34 1.06 91792 ~ 4.18 ~ 4.47 1:07 92/93 4.58 5.02 1:10 93)94 4.54 _4.91 - ~ 1'.08 94195 4.G9 ~ 6:42 1:37 95/9G 4.40 5'.27 F20 AveragcRxlio bf Annual AvgSFlow/ADWP= 1.09 AnnudLAJg. Daily l~lowafBuild-0ul (mgA)= - 7.30 r e~ ~~-339 ~~es Note 1: Projected values for P to De Based on historical peak flows. Ta61eA2 Net Present Value Calculation -Projected Influent Flow and Loading Cn Total Annual Total Annual Annual Avg. Daily InDuent .4imnal Avg:Deily~ InBoeM Anuual Average Touil'Anmiul Sum otMOnthly.Peak IrttluentBOD BOD`(BOD) InlluenfSS- SS (SS) Da1ty.Flow Flow (Q).., Hourly Flom (P) Year'. (Ibs/day)'. _ (Ibs) (Itis/day) Pte) (mSd) (mg) (mgd)'. 95/96 10003 3650917 9718 '3546917 5:27 .1925 (see note l) 96/97 10402 3796871 10082 ' 3679821 5:38 1962 97/98 10802 $942825 - 10446 3812725 5.48 '1999 9R/99 11202 40R8779 Q0810 3945629 5.58 2036 99/00 11602 4234734 11174 4078534 5.68 2073 00/O1 12002 4380688 11538 4211438 5'.J8 21]0 01/02 12402 4526642 11902 . 4344342 5:88 ' 2147 02/03; 12802 4672596 _ 12266 4477246 5'98 ~ 2184 03/04 .13202 4818550 12631 4610150 t 6:08 ' _ 2221' 04/05. .13601 4964304 _. . 12995 4743054 ~ 699 - ,225% OS/06 14001 8110459 13359 4875959 6:29 2^_95 06/07, _ '14401 52564]3 ~ 13723 5008863 6:39 2332 07lOR _ '14801 5402367 14087 ' 5141767 - 6:49 2369 08/09 1520] 5548321 - 14451 ' 527467E 6;59 2406 09/10 15601 5694275 - 14815 5407575 6:69 2443 10/11 76001 5840229 95109 5540479 G.79 2480 11/12 _ 16401 3986183 15544 5673383 6.89 - 2517 12/13 16800 _. 6132138 15908 5806288 7:00 2534 13/14 -17200 ' 6278092 16272 5939192 8.10 2591 14/15 17600 - 6424046 _ 16636 6072096 -7:20 2628 15/16 -18000 6510000 ]7000 6205000 - T.3 -2665 16/17 ~ 18000 6570000 - 17000 6205000 7:3 '2665 ~~ 17/18' 18000 6570000 17000 6205000 7.3 2665 18/19. 48000 6570000 17000 6205000 ' 7:3 2665 19/20 - 18000 6370000 17000 6205000 7:3 .2665 20/21 18000 6570000 _ 17000 .6205000 7:3 .2665 21/22 1R000 6570000 17000 6205000 7:3 - ~~ 2665 22/23 18000 6570000 _ 17000 6205000 7:3 2665 23/24 18000 6570000 17000 6205000 7.3 2665 24/25. 18000 6570000 ~ 17000 6205000 73 -2665 25/26 18000 6570000 17000 6205000 7.3 2665 26/27 18000 6570000 17000 6205000 7:3 2665 27/28 18000 ' 6570000 17000 ~ 6205000 7.3 2665 28/29 18000 6570000 17000 6205000 7.3 2665 29130 18000 6570000 17000 6205000 7.3 2665 Mote 1:Projected values for P to be based on historical peak Flows..