Explanation
BACKGROUND: This ordinance authorizes the Director of Public Utilities to modify Contract Number EL013649 with Central Ohio Bio-Energy, LLC, ('COBE') majority owned by Quasar Energy Group, a Cleveland, Ohio based waste-to-energy company. COBE designs, builds and operates anaerobic digester systems that produce renewable energy in the form of electricity. COBE and the Division of Power executed an interconnection agreement (Columbus Ordinance #1285-2010) pursuant to which the Generating Facility is interconnected as a "behind the meter" generation unit.
The Purchase Power Agreement was effective October 16, 2012. At the time of execution of the agreement a price for electricity was not available for the year 2017. The pricing has recently become available and the Division of Power and COBE desire to modify Exhibit A of the Purchase Power Agreement to reflect the rate in the Electricity Price Schedule for the year 2017 of $42.25 per MWH.
Amount of additional funds to be expended: $0
Reasons additional goods/services could not be foreseen: Not Applicable.
Reason other procurement processes are not used: Not Applicable.
How cost of modification was determined: Not Applicable
Contract Compliance Number: 26-1698590, Expires: 02/01/2018
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 purchases may continue without interruption and payments can be made on a timely basis.
FISCAL IMPACT: There is sufficient budget authority in the Power Operating Fund in 2017 to cover this service. The total amounts spent for purchase power in 2014 and 2015 were $54,297,038.55, and $52,217,514.12, respectively.
Title
To authorize the Director of Public Utilities to modify the Purchase Power Agreement with Central Ohio ...
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