Fort Worth’s volunteer Water Utility Task Force, charged with determining whether any of the aspects of the city’s water department should be privatized or outsourced, has decided to pursue four different business models in sending out a request for information to interested vendors later
The task force ruled out a complete sale of the water department.
The four other models it’s pursuing are leasing the utility to a public-private partnership, contracting out management of the bulk of the department, outsourcing specific services, and seeking ideas for new revenue streams or businesses. In the case of a full lease, the vendor would typically make an upfront payment to the city and annual lease payments.
City Council members have said the water department is operating a high level, but they want to determine whether any private proposals could be more effective.
The task force is scheduled to hold its third public workshiop May 20, where it will complete the details of the request for information and set dates for advertising, The city expects to advertise the RFI in late
May, with a deadline for submissions in July or early August.
If the city is interested in any of the responses, it would then seek a full proposal.
- Scott Nishimura, Star-Telegram Fort Worth City Hall reporter