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Supplemental Agenda Items - FGUA

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The full project delivery team is currently in place with established working<br />

relationships. The interlocal agreement between the Village and the <strong>FGUA</strong> is essentially<br />

all that is needed to get to work.<br />

This also shortens procurement, avoiding potential protest periods and team member<br />

relationships that need to be established.<br />

The <strong>FGUA</strong> has immediate access to a large pool of qualified engineering firms and<br />

other specialized utility consultants, and can “piggyback” on any existing local<br />

government contracts. This allows immediate access to national as well as local<br />

mobilized contract resources.<br />

We already work together, and some of our team already work for you<br />

U.S. Water Services Corp., Government Services Group, CPH Engineers and others<br />

have already been working with the Village, meaning there will be no learning curve.<br />

The <strong>FGUA</strong> team has the knowledge and experience to begin today.<br />

Flexible future obligation<br />

Traditional RFQ respondents will need to amortize a large investment over 20-plus<br />

years through a Village contract. The <strong>FGUA</strong> model allows the Village to acquire the<br />

expanded and improved system when desired. No 20-year contract is required.<br />

More financing alternatives<br />

The <strong>FGUA</strong> can and has issued tax-exempt bonds with “A” category bond ratings, Build<br />

America Bonds, secured State Revolving Fund low-cost loans and governmental grants,<br />

and other utility-specific enterprise revenues.<br />

We ask you to carefully review this material. We believe that joining the Florida<br />

Governmental Utility Authority is not just another choice, it’s your best choice.<br />

We look forward to the opportunity to meet with your staff, advisors and council<br />

members to discuss our alternative in greater detail.<br />

Robert Sheets,<br />

System Manager<br />

Team Proposal Florida Governmental Utility Authority<br />

4

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