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presentation to the City's advisory committees and City Council. This task will also include preparation of a briefing document and a report to summarize the study results. In addition to the onsite meetings with City staff to review preliminary study results the scope of services includes up to seven (7) meetings to present the study results to the public. These presentations include meetings with the City's advisory committees, and public workshops and hearings with the City Council. 5-2 LIST OF DELIVERABLES The deliverables to be provided in this engagement include the following items: • Data Request • Five (5) Year Financial Forecast • Test Year Cost of Service Analysis • Proposed Rate and Fee Schedules • Rate Comparisons • Briefing Documents to Summarize Study Results • Study Report 5-3 ADDITIONAL SERVICES During the term of the agreement, the City may request additional services related to its electric utility rate structure and revenue sufficiency. Such services will not be conducted until authorized by the City as mutually agreed upon between the City and the Consultant. The City will be billed for such additional services based on the direct hourly labor rates as set forth in the Agreement and any direct out of pocket expenses associated with such additional work. Alternatively, the City and the Consultant may negotiate a separate all inclusive fee for each additional scope of service requested. Such additional services may include but not be limited to: • Additional meetings and presentations, additional financial and rate analyses requested after substantial completion of the study. • Periodic updates to the five year financial forecast based on actual revenues and expenses, and ongoing monitoring of rate sufficiency. • Model the impact on rates/rate structure for various cost saving initiatives proposed as part of a separate utility optimizsition study. 245