Rick Giardina, CPA
Executive Vice President
Mr. Giardina is an Executive Vice President with RFC and, while serving in a national role, he also leads the Rocky Mountain regional practice of RFC. His over 39 years of managerial and financial experience includes more than 300 financial studies serving both the private and public sector. His experience covers technical areas and industries such as municipal fee development, utility cost of service and rate structure studies, litigation support, economic feasibility analyses, privatization and regionalization feasibility and implementation studies, impact fee studies, management and operational audits, reviews of policies and procedures and operating practices, mergers and acquisitions, valuation services, and rate filing and reporting. He has also served as an arbitrator for several wholesale rate disputes.
As a member of several industry associations, he has developed industry guidelines regarding financial and rate-making practices. Mr. Giardina is currently a Trustee and Vice Chair of the AWWA Management and Leadership Division. In addition, as the former Chair of the AWWA Rates and Charges Committee, he chaired one group that prepared the first edition of the M54 – Small System Rate Manual and another that re-wrote the Water Utility Capital Financing Manual. He also chaired the re-write of Manual M1, Principles of Water Rates, Fees, and Charges (the Sixth Edition was published in June of 2012 and oversaw the publication of the Seventh Edition in January 2017). In addition, he was a contributing author to the WEF’s Financing and Charges for Wastewater Systems manual. Mr. Giardina organized and led WEF-sponsored seminars in 2010 and 2011 titled “Weathering the Storm: Is This the Right Time for You to Form a Stormwater Utility?”; seminars on the opportunities and challenges surrounding the creation of a stormwater utility. In 2011, he was appointed to a two-year term to the EPA Environmental Financial Advisory Board and he is still serving on the Board.
Mr. Giardina holds a BA from Western State College of Colorado.