Specifications include, but are not limited to: A. Provide analysis, recommendations, expert testimony, and exhibits necessary to assist AWWU in the support of a fair rate of return on equity and reasonable overall rate-ofreturn in water and wastewater revenue requirement or plant replacement surcharge mechanism filings. The Contractor’s testimony should address, but is not limited to, the importance of capital structure, the relationship of capital structure to cost of equity, capital asset pricing model (CAPM) and discounted cash flow (DCF) estimations of cost of equity for AWWU, an analysis of financial risk and business risk, and a recommendation for return on equity and capital structure to be used in the development of the revenue requirements.; B. Respond to data requests and review testimony prepared by AWWU personnel and Intervenors.; C. Interact and coordinate studies and testimony with AWWU outside regulatory counsel.; D. Interact with other external consultants of AWWU to ensure data simultaneously filed with the Regulatory Commission of Alaska is consistently supported.; E. Prepare for and attend hearing(s) telephonically and in Anchorage, Alaska, as may be required, to defend testimony.; F. Participate in other matters consistent with area of expertise and practice by mutual consent.
