Rate Study and Economic Benefits Study for the Deep Water Dock

Client: City of Homer

Location: Homer, AK

Year: 2014

Role: Project Manager

We conducted a rate study for Homer Harbor and an economic impact study of spending associated with Buccaneer Alaska’s Endeavor rig’s use of the Deep Water Dock in 2012–2013. The rate study utilized a life cycle costing approach for groups of facilities to determine each group’s revenue requirements. Those requirements were then compared to the current rate structure to determine what rate increases would be needed in order to fully fund the life cycle cost of facilities. This work took place in 2013–2014.