COST OPTIMIZATION BENCHMARKING STUDY AND SERVICES
   
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COST OPTIMIZATION BENCHMARKING STUDY AND SERVICES
Sacramento Municipal Utility District
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Posted On:  20 Mar 2024
Open for bidding on:  20 Mar 2024
Response Deadline:  12 Apr 2024 5:00 PM PDT
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Opportunity Amount: $100K to $500K USD
Contract Length: 12 months
Response Deadline: 12 Apr 2024 5:00 PM PDT
(Closed for response)
Award Date: 20 May 2024
Posting ID: 19165787(Doc4498737006)
Posting Type: Request for Information
Public Posting: https://discovery.ariba.com/rfx/19165787
Product and Service Categories 
  • Corporate objectives or policy development
  • Business Continuity Planning and Consulting Services
Ship-to or Service Locations
  • California - United States
Posting Summary
Pre-Proposal meeting details:
 

Microsoft Teams meeting

March 27, 2024 at 9:00 A.M. PST

Join on your computer, mobile app or room device   

<a target="_blank" href="https://teams.microsoft.com/l/meetup-join/19:meeting_MmVjMDQzOTAtMjBmZC00NDg0LWI4Y2QtMmNmOGEwYjZhOTkz@thread.v2/0?context={"Tid":"c20a7f62-9553-4135-8b96-fd23600a21a0","Oid":"317b398c-5dde-40af-8da4-66691c940b4a"}">Click here to join the meeting</a>   

Meeting ID: 279 110 217 327  
Passcode: NVxPLz  

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Join with a video conferencing device   

205591853@t.plcm.vc   

Video Conference ID: 114 799 796 4  

Alternate VTC instructions   

Or call in (audio only)   

+1 916-538-7043,,726352026#  United States, Sacramento  

Phone Conference ID: 726 352 026#  

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SMUD is seeking proposals from qualified firms to conduct a comprehensive benchmarking study regarding cost optimization. The purpose of this project is to identify opportunities to reduce cost and increase operational efficiency based upon industry and world-class best practices.    
1.1.      GENERAL The Proposer shall provide all labor, material, and equipment required to perform the Service described as:            COST OPTIMIZATION BENCHMARKING STUDY AND SERVICES.  
  

The primary objectives of this benchmarking initiative include:  


1.       Evaluate SMUD’s current cost structure and Full Time Equivalent (FTE) metrics. Includes all Overhead, O&M and Capital expenses.  


2.       Benchmark SMUD cost performance against a minimum of three (3) other U.S. electric utilities (combination of public and private) to gain insights into industry-specific best practices.  

a.       Identify cost-saving opportunities and provide recommendations related to ongoing operations, overhead, capital, organizational structure, etc.  

b.       Provide additional recommendations for optimizing operational efficiency and cost performance.   

c.       Identify risks associated with each recommendation and provide corresponding mitigation strategies.  

d.       Provide organizational alignment comparisons and provide best practices related to cost and FTE utilization.   


e.      Provide recommendations for optimizing SMUD strategic investments and organizational structure based upon industry best practices.

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