City of Columbus - File #: 0076-2006

• File #: 0076-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/5/2006
• In control: Utilities Committee
• On agenda: 2/6/2006
• Final action: 2/8/2006
• Title: To authorize the Director of Public Utilities to modify the existing contract for the purchase of wholesale electric power with Constellation Energy Commodities Group for the Division of Electricity, to authorize the expenditure of $26,700,000.00 from the Division of Electricity Operating Fund, and to declare an emergency. ($26,700,000.00)

Date	Ver.	Action By	Action	Result
2/8/2006	1	CITY CLERK	Attest
2/7/2006	1	MAYOR	Signed
2/6/2006	1	Columbus City Council	Approved	Pass
2/6/2006	1	COUNCIL PRESIDENT	Signed
1/27/2006	1	Utilities Drafter	Sent to Clerk's Office for Council
1/26/2006	1	CITY AUDITOR	Contingent
1/26/2006	1	CITY AUDITOR	Contingent
1/26/2006	1	Utilities Drafter	Sent for Approval
1/26/2006	1	CITY ATTORNEY	Reviewed and Approved
1/25/2006	1	FINANCE DIRECTOR	Reviewed and Approved
1/25/2006	1	Utilities Drafter	Sent for Approval
1/19/2006	1	Finance Reviewer	Reviewed and Approved
1/18/2006	1	EBOCO Reviewer	Reviewed and Approved
1/18/2006	1	ODI DIRECTOR	Reviewed and Approved
1/18/2006	1	Utilities Drafter	Sent for Approval
1/17/2006	1	Utilities Drafter	Sent for Approval
1/13/2006	1	UTILITIES DIRECTOR	Reviewed and Approved
1/12/2006	1	Utilities Reviewer	Sent for Approval
1/11/2006	1	Utilities Drafter	Sent for Approval
1/10/2006	1	Utilities Reviewer	Reviewed and Approved
1/6/2006	1	Utilities Drafter	Sent for Approval
1/6/2006	1	Utilities Drafter	Sent for Approval
1/5/2006	1	Utilities Drafter	Sent for Approval

Explanation

BACKGROUND: This ordinance authorizes the modification of Contract Number EL000875 assigned to Constellation Energy Commodities Group for the purchase of wholesale electric power required in 2006.

Amount of additional funds to be expended: $26,700,000.00

Reasons additional goods/services could not be foreseen: The Division of Electricity currently has a contract in place with Constellation Energy Commodities Group for the purchase of wholesale electricity. This legislation authorizes an increase in the amount of the contract to cover needs for 2006.

Reason other procurements processes are not used: The existing contract is in effect until 2008. This modification is for funding purposes only.

How cost of modification was determined: The modification is based upon estimated requirements for 2006 at rates as established in the existing contract.

Contract Compliance Number: 522019332

Emergency action is requested in order that purchases may continue without interruption and payments can be made on a timely basis.

FISCAL IMPACT: The 2006 Division of Electricity budget authority for purchase power is $40,118,505. The total purchased power expenditures for 2004 and 2005 were $36,206,430 and $39,054,452, respectively.


Title



To authorize the Director of Public Utilities to modify the existing contract for the purchase of wholesale electric power with Constellation Energy Commodities Group for the Division of Electricity, to authorize the expenditure of $26,700,000.00 from the Division of Electricity Operating Fund, and to declare an emergency. ($26,700,000.00)


Body


WHEREAS, on December 21, 2000, under the authority of Ordinance Number 2587-00, passed November 27, 2000, and amended by Ordinance Number 2657-00, passed December 4, 2000, the City of Columbus entered into Contract No. EL-000875 with CMS Marketing, Services and Trading Company for Wholesale Energy Management; and

WHEREAS, Ordinance ...