A system for formulating a chemical solution by combining water with at least one component liquid concentrate, the system comprising: a storage tank for storing the at least one component liquid concentrate; wherein the storage tank is a component sump, the system further comprising: a concentrate container for storing the at least one component liquid concentrate prior to storage in the component sump; a pump fluidly connected between the component sump and the liquid concentrate container, the pump being controllable by the controller to pump the at least one component liquid concentrate from the concentrate container to the component sump; a control valve fluidly connected between the component sump and the output port, the control valve being controllable by the controller to enable the flow of the at least component liquid concentrate between the component sump and the output port, an output port operable to receive the water from a water source and the at least one component liquid concentrate from the storage tank and dispense the water and the at least one component liquid concentrate to a solution container for forming the chemical solution therein; a flow meter operable to measure volumetric readings representing a volume of the water communicated between the water source and the output port; a weight measuring device operable to measure weight readings representing an actual weight of the at least one component liquid concentrate contained in the storage tank; and a controller operable to control supply of the water and the at least one component liquid concentrate to the output port based on the volumetric readings and the weight readings to form a specified amount of the chemical solution. a storage tank for storing the at least one component liquid concentrate; wherein the storage tank is a component sump, the system further comprising: a concentrate container for storing the at least one component liquid concentrate prior to storage in the component sump; a pump fluidly connected between the component sump and the liquid concentrate container, the pump being controllable by the controller to pump the at least one component liquid concentrate from the concentrate container to the component sump; a control valve fluidly connected between the component sump and the output port, the control valve being controllable by the controller to enable the flow of the at least component liquid concentrate between the component sump and the output port, an output port operable to receive the water from a water source and the at least one component liquid concentrate from the storage tank and dispense the water and the at least one component liquid concentrate to a solution container for forming the chemical solution therein; a flow meter operable to measure volumetric readings representing a volume of the water communicated between the water source and the output port; a weight measuring device operable to measure weight readings representing an actual weight of the at least one component liquid concentrate contained in the storage tank; and a controller operable to control supply of the water and the at least one component liquid concentrate to the output port based on the volumetric readings and the weight readings to form a specified amount of the chemical solution. a concentrate container for storing the at least one component liquid concentrate prior to storage in the component sump; a pump fluidly connected between the component sump and the liquid concentrate container, the pump being controllable by the controller to pump the at least one component liquid concentrate from the concentrate container to the component sump; a control valve fluidly connected between the component sump and the output port, the control valve being controllable by the controller to enable the flow of the at least component liquid concentrate between the component sump and the output port, an output port operable to receive the water from a water source and the at least one component liquid concentrate from the storage tank and dispense the water and the at least one component liquid concentrate to a solution container for forming the chemical solution therein; a flow meter operable to measure volumetric readings representing a volume of the water communicated between the water source and the output port; a weight measuring device operable to measure weight readings representing an actual weight of the at least one component liquid concentrate contained in the storage tank; and a controller operable to control supply of the water and the at least one component liquid concentrate to the output port based on the volumetric readings and the weight readings to form a specified amount of the chemical solution.