Explanation
This ordinance authorizes the Director of Public Utilities to modify and increase the Master Services Agreement with American Municipal Power, Inc. (AMP, Inc.) to provide funding for the purchase of wholesale electricity and associated services in 2024 for the Division of Power. The funds authorized by this ordinance will cover the costs of power supply and additional ancillary services provided by AMP, Inc., such as diesel generator maintenance, representation on federal power issues, staff training, and customer development services.
This Ordinance is being submitted in accordance with the relevant provisions of Chapter 329 of City Code pertaining to contract modifications.
1. Amount of additional funds: The total amount of additional funds needed for this contract modification #21 is $61,400,000.00. $60,700,000.00 is allocated for the purchase of wholesale electric power and $700,000.00 for ancillary services provided by AMP, Inc. Total contract amount including this modification is $398,055,534.00
2. Reason additional funds were not foreseen: The need for additional funds was known at the time of the initial contract and this legislation authorizes funding to cover the wholesale electricity and ancillary services needs for 2024.
3. Reason other procurement processes were not used: American Municipal Power, Inc. is a non-profit organization for state municipalities and, acting as a broker, has contracted for competitive prices on the City's behalf through a bidding process.
4. How was cost determined: The modification is based upon estimated requirements for 2024 at rates established in the existing contract.
SUPPLIER:
American Municipal Power, Inc. | D365 Vendor #004495 | Federal EIN on file | Expired 2/4/2023 | Nonprofit Organization
AMP, Inc. does not hold MBE/FBE status.
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according...
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