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PROPOSED CONTRACT AMENDMENT
Department(s): Bureau of Administration
Vendor: Constellation New Energy, Inc. (f/k/a Constellation Energy Services, Inc.), Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to renew and increase contract
Good(s) or Service(s): Purchase and delivery of electricity
Original Contract Period: 11/20/2015 - 12/31/2018 with two (2) one (1) year renewal options
Proposed Contract Period Extension: 1/1/2019 - 12/31/2020
Total Current Contract Amount Authority: $345,000.00
Original Approval (Board or Procurement): 4/29/2015, $345,000.00
Previous Board Increase(s) or Extension(s): N/A
Previous Chief Procurement Officer Increase(s) or Extension(s): N/A
This Increase Requested: $220,000.00
Potential Fiscal Impact: FY 2019 $110,000.00; FY 2020 $110,000.00
Accounts: 499-410, 500-410, 501-410, 564-410, 893-410, 894-410, 897-410, 898-410
Contract Number(s): 1428-13749
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation.
The Chief Procurement Officer concurs.
Summary: This increase and consolidation of two (2) one (1) year renewal options will provide for the continuation of the supply and delivery of electricity. Constellation New Energy Inc., is an Alternate Retail Electric Supplier ("ARES") as defined in Section 16-102 of Illinois Public Act 90-561. The County currently uses an average of 230,000,000 kWh annual with a total estimated annual cost of $17.6 million which includes the commodity, transmission, distribution, capacity, ancillary, and administrative costs. Constellation New Energy, Inc., shall supply and deliver electricity at any designated County location. Constellation New Energy, Inc. shall also work with the County to lock favorable rates for the supply and delivery of electricity and will provide monthly, consolidated reconciled bills to the County.
This contract was awarded through the Requ...
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