Specifications include, but are not limited to: The Municipality of Anchorage, dba, Anchorage Water and Wastewater Utility (AWWU) seeks proposals from service providers for depreciation studies of the Anchorage Water Utility (AWU) and Anchorage Sewer Utility (ASU). The studies will encompass data collection for all plant-in-service (PIS) and Contributions In Aid of Construction (CIAC) balances at December 31, 2022, and perform: life analysis and estimations, net salvage analysis, depreciation reserve analysis, and development of accruals. Additionally, an analysis and recommendation on AWWU’s current practice (a result of the 2004 depreciation study carried forward by the 2016 study) of applying net salvage factors to CIAC accounts is needed. The study will be published and will include, but not limited to, an executive summary, overview and explanation of procedures used, study results to include survivor curves and tables in a comparative format showing existing and proposed data, depreciation rates, reserve adequacies, calculated remaining life accruals and net salvage estimates. Defense of the study to the Regulatory Commission of Alaska (RCA) is required and, if decided, will include arguing a change in the practice of adjusting CIAC amortization rates for net salvage.
