Explanation
BACKGROUND: This ordinance authorizes the Director of Public Utilities to modify 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 2008 for the Division of Power and Water.
Amount of additional funds to be expended: $5,421,720
Reasons additional goods/services could not be foreseen: The Division of Power and Water (Power) 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 2008.
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 2008 at rates as established in the existing contracts.
Contract Compliance Number: 310943223, expires 01/24/2010
Amp-Ohio does not hold MBE/FBE status.
Emergency action is requested in order that purchases may continue without interruption and payments can be made on a timely basis.
FISCAL IMPACT: This legislation is contingent upon passage of the 2008 budget. $57,302,956 is budgeted in the Electricity Fund 550 for purchase power and an additional $174,000 is budgeted for Amp-Ohio service fees. The total purchased power expenditures for 2006 and 2007 were $37,677,109.56 and $53,866,755, 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 Power and Water; to authorize the expenditure of $5,421,720.00 from the Electricity Operating Fund; and to declare an emergency. ($5,421,720.00)
Body
WHEREAS, the City and Americ...
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