City of Columbus - File #: 2021-2006

• File #: 2021-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 11/2/2006
• In control: Utilities Committee
• On agenda: 12/4/2006
• Final action: 12/7/2006
• Title: To authorize the Director of Public Utilities to obtain capacity and energy for the Division of Power and Water in accordance with terms and conditions of the contract with American Electric Power Service Corporation (AEPSC) ; to authorize the expenditure of $4,312,900.00; and to declare an emergency. ($4,312,900.00)

Date	Ver.	Action By	Action	Result
12/7/2006	1	CITY CLERK	Attest
12/6/2006	1	MAYOR	Signed
12/4/2006	1	Columbus City Council	Approved	Pass
12/4/2006	1	COUNCIL PRESIDENT	Signed
11/9/2006	1	Auditor Reviewer	Contingent
11/9/2006	1	CITY AUDITOR	Reviewed and Approved
11/9/2006	1	Utilities Drafter	Sent for Approval
11/9/2006	1	CITY ATTORNEY	Reviewed and Approved
11/9/2006	1	Utilities Drafter	Sent to Clerk's Office for Council
11/8/2006	1	Utilities Drafter	Sent for Approval
11/8/2006	1	EBOCO Reviewer	Reviewed and Approved
11/8/2006	1	ODI DIRECTOR	Reviewed and Approved
11/8/2006	1	Utilities Drafter	Sent for Approval
11/7/2006	1	Finance Reviewer	Reviewed and Approved
11/7/2006	1	Finance Reviewer	Reviewed and Approved
11/7/2006	1	FINANCE DIRECTOR	Reviewed and Approved
11/3/2006	1	UTILITIES DIRECTOR	Reviewed and Approved
11/3/2006	1	Utilities Drafter	Sent for Approval
11/2/2006	1	Utilities Drafter	Sent for Approval
11/2/2006	1	Utilities Reviewer	Sent for Approval

Explanation

BACKGROUND: As authorized by Ordinance Number 0837-2006, passed May 22, 2006, the City of Columbus, Department of Public Utilities, Division of Power and Water, through the request for Proposal (RFP) process and waiving the provisions of Columbus City Code Article 329.14, negotiated with suppliers to provide a full-requirements contract for capacity and energy system needs at a fixed-price for power. Six proposals were received. It was determined that American Electric Power Service Corporation (AEPSC) met all of our requirements and offered the lowest-priced and most responsive proposal. Upon acceptance of the negotiated price and terms, a contract, DL012676, was established on October 26, 2006, in the amount of $1.00.

This legislation will authorize the Director of Public Utilities to obtain capacity and energy from AEPSC based upon the agreed upon terms and conditions of the contract and authorizes the expenditure in an amount estimated to cover capacity and energy charges during the interim period between the start of the contract, January 1, 2007, and the passage of the 2007 budget. Upon passage of the budget, additional funding will be requested to fund the needs for the remainder of 2007.

Emergency action is requested in order that the encumbering document may be established and funding in place so that service may begin January 1, 2007 and payments may be made in compliance with the terms of the contract.

Contract Compliance Number: 134922640.

FISCAL IMPACT: $40,118,505 was budgeted in the 2006 Electricity Operating Fund for purchase power. This expenditure will exceed the budgeted amount, therefore, legislation is being processed to transfer appropriations within the Electricity Operating Fund to meet this need.


Title


To authorize the Director of Public Utilities to obtain capacity and energy for the Division of Power and Water in accordance with terms and conditions of the contract with American Electric...