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 2004.
Amount of additional funds to be expended: $8,627,000.00
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 2004.
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 until 2005 and CT-09743 (Gorsuch) is in effect until 2008.
How cost of modification was determined: The modification is based upon estimated requirements for 2004 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 2004 Division of Electricity budget authority for purchase power is $37,327,414 and an additional $452,504 was budgeted for Amp-Ohio Service fees. The total purchased power expenditures for 2002 and 2003 were $34,434,355 and $31,628,816 , 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 $8,627,000.00 from the Division of Electricity Operating Fund, and to declare an emergency. ($8,627,000.00)
Body
WHEREAS, the City of Columbus ( the City) is a member of American Mun...
Click here for full text