BIS Consulting, LLC, is an employee-owned company, providing decision-support and risk assessment services to utilities, transit agencies, and other infrastructure-intensive industries. Our consulting services are aimed at clients who need premium methodological and analytical support for policy, capital planning, and other critical and highly visible decisions. We emphasize quantitative methods and risk-based business cases to justify decisions in terms that resonate with executive managers, regulators and customers, and other non-technical stakeholders. Our clients value our independence. BIS does not have an engineering, IT, or accounting arm, so we do not have a stake in whether the spending projects we evaluate go ahead or not. This enables us to maintain an objective view. Economic life models for optimizing replacement timing of aging infrastructure. Risk-based models to optimize the service life of assets, balancing the cost due to increasing risk of failure as asset age against the benefit of delaying capital expenditures. Third party business case; methodology, analysis, and facilitation. Third-party business case support for complex spending decisions. Focus on quantitative measures of costs and benefits, with special emphasis on uncertainty and risk. Asset management services. Business process development and documentation as well as analytical tools with a focus on rate-making and demonstrating maximum value to rate-payers and other stakeholders.