The vendor is required to provide financing and operations study to determine ideal financing, operation and maintenance, and ownership model for networked geothermal systems.
- Potential ownership models include, but are not limited to:
• Municipal ownership
• State ownership
• Investor-owned utility ownership
• Private ownership
• A system with blended ownership by any combination of the municipality, the state, investor-owned utilities, or private entities.
- The enabling legislation and any pertinent regulations for financial, ownership, and O&M decision-making
• Federal and state tax considerations would be applicable to different ownership models.
• Types of financial model would be most advantageous for the city of consider along the spectrum of complete municipal ownership, partial municipal ownership with outsourced services, to private and utility-owned with municipal involvement.
• Operating and maintenance model options, pros and cons, cost estimates
• Permitting process and cost estimates for 1-3 sites listed in the electrification and networked geothermal feasibility study (central hill + any, all, or neither of the other two sites
• Different ownership structures accommodate waste heat recovery infrastructure that would interact with existing city-owned or resource authority-owned wastewater infrastructure.
• Assessing willingness of this as applicable through.
• Financing and investment opportunities.
- Requirements
• A description of the scope, workplan, and timeline for the work.
• A visualization of the workplan we will reference throughout the project.
• Summarize criteria and process to be used.
• Summarize factors to be included in the selection process, including but not limited to all listed above.
• Budget should address the described scope completely for the lowest possible price.
• This budget exceeds the proposed budget, please identify your recommended subset to fit our proposed budget.
- Budget: $55,000
- Questions/Inquires Deadline: November 4, 2025
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