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Board approves on‑call agreement with LRB Financial Advisors; staff will use firm for studies, optional municipal adviser services
Summary
The board approved an on‑call agreement with LRB Financial Advisors Inc. following a qualifications‑based procurement. The contract will allow the district to request scopes of work as needed, optionally use municipal‑adviser services for debt placements, and includes a 1% annual rate increase and scope‑level penalties for missed deadlines.
The West Haven Special Service District board approved a contract with LRB Financial Advisors Inc. for financial advisory and consulting services at its Dec. 16 meeting.
City staff explained the district participated in a qualifications‑based procurement; a review committee recommended LRB based on prior work (including an ongoing sewer/rate study). The agreement is…
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