Explanation
BACKGROUND: This ordinance authorizes modifications of Contract Numbers CT-07199 and CT-09743 with American Municipal Power-Ohio, Inc. (AMP-Ohio) to provide funding for the purchase of wholesale electricity and associated services in 2006.
Amount of additional funds to be expended: $12,947,033
Reasons additional goods/services could 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 2006.
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.
How cost of modification was determined: The modification is based upon estimated requirements for 2006 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 2006 Division of Electricity budget authority for purchase power is $40,118,505 and an additional $447,033 was budgeted for Amp-Ohio service fees. 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 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 $12,947,033.00 from the Division of Electricity Operating Fund; and to declare an emergency. ($12,947,033.00)
Body
WHEREAS, the City and American Municipal Power-Ohio (AMP-Ohio) have entered into a generic contract agreement dated March 11, 1986, Contract Number CT-07199, under which c...
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