Specifications include, but are not limited to: 1. Update historical information from previous studies: • Revenue, expenses, and graphics • sel traffic and vessel classes • Commodity movements • Rate structure changes • Maintenance, repairs & capital costs 2. Review sections of Port Modification Feasibility Study to: • Confirm assumptions on economic trends • Review projections on vessel traffic growth • Evaluate commodity load factors analysis 3. Analyze economic trends within: • Vessel classes • Marine industries • Port operations 4. Forecast demand and growth within: • Operations • Maintenance/repair • Vessel traffic • Commodity movement 5. Proposers are expected to work with City staff and the Port Commission to conduct scenario analyses that addresses how tasks 1-4 could change over time. The expectation is that three scenarios will be developed addressing future shocks to the system and how that would affect Port operations. The City is conducting a Port Strategic Development Plan Update in concurrence with this rate study that could inform the future scenarios. 6. Based on results of the previous tasks, Proposers shall recommend a sustainable rate structure for consideration by City Staff and the Port Commission. 7. Proposers should also recommend capital replacement strategies for outer port and inner harbor infrastructure.
