Explanation
BACKGROUND: This ordinance authorizes an increase of an existing contract with American Electric Power Service Corporation (AEPSC) for the purchase of capacity and energy for the Division of Power.
Amount of additional funds to be expended: $23,600,000.00
Reasons additional goods/services could not be foreseen: The Department of Public Utilities, Division of Power, entered into a contract for capacity and energy with American Electric Power Service Corporation (AEPSC) in 2006 based upon the lowest, responsive proposal offered. The term of the contract is through May 2014. This legislation will authorize the funding for capacity and energy requirements in 2014.
Reason other procurement processes are not used: The City of Columbus, Department of Public Utilities is obligated by contract to obtain capacity and energy from American Electric Power Service Corporation (AEPSC).
How cost of modification was determined: The modification is based upon estimated requirements for 2014 at rates as established in the existing contract.
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.
Emergency action is requested in order that the encumbering document may be established and funding in place so that services may continue uninterrupted and payments can be made in compliance with the terms of the contract.
Contract Compliance Number: 134922641, expires 03/01/2014.
FISCAL IMPACT: This legislation is contingent upon the passage of the 2014 operating budget, Ordinance #2731-2013. The amount budgeted in the Electricity Operating Fund 550 for purchase power is $55,700,000. The total amounts spent for purchase power in 2012 and 2013 were $63,858,428.40 and $58,512,594.79, respectively.
Title
To authorize the Director of Public Utilities to modify an existing ...
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