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PROPOSED CONTRACT AMENDMENT
Department(s): Capital Planning and Policy
Vendor: NORESCO, LLC, Des Plaines, Illinois
Request: Authorization for the Chief Procurement Officer to increase contract
Good(s) or Service(s): Energy Conservation Measures
Original Contract Period: 7/24/2012 - 10/13/2035
Proposed Contract Period Extension: N/A
Total Current Contract Amount Authority: $34,228,000.00
Original Approval (Board or Procurement): 7/24/2012, $34,228,000.00
Previous Board Increase(s) or Extension(s): 6/10/2015, $1,665,000.00
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: $2,744,551.00
Potential Fiscal Impact: FY 2017 $231,928.00, FY 2018 $104,912.00, FY 2019 $108,322.00, FY 2020 $111,842.00, FY 2021 $115,478.00, FY 2022 $119,230.00, FY 2023 $123,106.00, FY 2024 $127,106.00, FY 2025 $131,237.00, FY 2026 $135,503.00, FY 2027 $139,907.00, FY 2028 $144,453.00, FY 2029 $149,148.00, FY 2030 $153,996.00, FY 2031 $159,000.00, FY 2032 $164,168.00, FY 2033 $169,503.00, FY 2034 $175,012.00, FY 2035 $180,700.00
Accounts: 200 - 450 Maintenance and Repair of Plant Equipment
Contract Number(s): 12-60-349
Concurrences:
The vendor has met the Minority-and Women-owned Business Enterprise Ordinance via direct participation.
The Chief Procurement Officer concurs.
Summary: This increase provides for funding to perform the measurement and verification (M & V) of the installed energy conservation measures and maintenance services for the steam traps at the Department of Corrections and Juvenile Temporary Detention Center Campus. Under the terms and conditions of this contract, NORESCO, LLC will provide performance monitoring summarized in the form of quarterly reports and guarantee reconciliation in the form of an annual report. The period for the services is 20 years, which includes M & V and annual testing and inspection of steam traps.
This contract was awarded through Request for Proposals (R...
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