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Stakeholder Group Compensation Program Evaluation Services

Overview


Management Consulting & Admin Support
New Britain, Connecticut, United StatesPosted about 2 months agoDeadline: April 8th, 2026

Fit Score


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SUMMARY


A one-year contract to evaluate and improve processes for the stakeholder group compensation program in Connecticut, including performance review and recommendations.

KEY REQUIREMENTS


BUDGET

Estimate

$150,000 – $250,000

CONTRACT DURATION


6 months

TIMELINE


RFP Release Date: March 13th, 2026

Pre-Proposal Conference: March 20th, 2026 at 1:00pm EST

Deadline for Questions: March 25th, 2026

Notice of Intent to Bid: March 30th, 2026

RFP Clarifications/Amendments: April 8th, 2026

Proposal Due Date: May 15th, 2026 at 5:00pm EST

Expected Contract Start Date: July 15th, 2026

Final Report Delivery: October 26th, 2026

QUESTION DEADLINE


March 25th, 2026

Issuing Agency


Public Utilities Regulatory Authority

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DESCRIPTION


The contracted vendor will assess the government's stakeholder group compensation program, focusing on evaluation of agency processes such as applications, initial budget assessments, preliminary determinations, and the evaluation of substantial contributions and final compensation decisions. The assessment will cover the program's performance, impact, and effectiveness over the period from January 15, 2024, to July 15, 2026.

Responsibilities include reviewing existing processes and procedures, recommending administrative changes, and developing a framework to evaluate stakeholder group impact, incorporating feedback from the authority. The vendor will also be expected to make recommendations for improving processes and procedures. The contract period is set for one year, and potential vendors will have the opportunity to attend a pre-bid meeting and submit questions prior to the submission deadline.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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