Explanation
BACKGROUND: This ordinance authorizes modifications of Contract Numbers CT-07199 and CT-09743 with American Municipal Power-Ohio, Inc. (AMP-Ohio) for the purchase of wholesale electricity and associated services required in 2005.
Amount of additional funds to be expended: $10,944,000.00
Reasons additional goods/services counld not be foreseen: The Division of Electricity currently has contracts in place with AMP-Ohio for the purchase of wholesale electricity. This legislation authorizes increases in the amounts of the contracts to cover needs for 2005.
Reason other procurements processes are not used: AMP-Ohio is a non-profit organization for state municipalities and, acting as a broker, has contracted on the City's behalf competitive prices through a bidding process. Contract Number CT-07199 is in effect through 2005 and CT-09743 (Gorsuch) is in effect until 2008.
How cost of modification was determined: The modification is based upon estimated requirements for 2005 at rates as established in the existing contracts.
Contract Compliance Number: 310943223
Emergency action is requested in order that purchases may continue without interruption and payments can be made on a timely basis.
FISCAL IMPACT: The 2005 Division of Electricity budget authority for purchase power is $40,605,000 and an additional $454,000 was budgeted for Amp-Ohio Service fees. The total purchased power expenditures for 2003 and 2004 were $34,512,302 and $33,323,807, respectively.
Title
To authorize the Director of Public Utilities to modify contracts for the purchase of wholesale electric power with American Municipal Power-Ohio, Inc. for the Division of Electricity, under the provisions of Columbus City Codes, to authorize the expenditure of $10,944,000.00 from the Division of Electricity Operating Fund, and to declare an emergency. ($10,944,000.00)
Body
WHEREAS, the City of Columbus ( the City) is a member of American Municipal Po...
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