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PROPOSED CONTRACT
Department(s): Bureau of Administration
Vendor: Constellation Energy Services, Chicago, Illinois
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s):purchase and delivery of electricity
Contract Value: $345,000.00
Contract period: 11/20/2015-12/31/2018 with two (2) one (1) year renewal options
Potential Fiscal Year Budget Impact: FY2016 $115,000.00, FY2017 $115,000.00, FY2018 $115,000.00
Accounts: 499-410, 500-410, 501-410, 564-410, 893-410, 894-410, 897-410, 898-410
Contract Number(s): 1428-13749
Concurrences:
Vendor has met the Minority and Women Business Enterprise Ordinance.
The Chief Procurement Officer concurs.
Summary: Constellation Energy Services, 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 Energy Services Inc., shall supply and deliver electricity at any designated County location. Constellation Energy 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.
Upon the approval of this contract, the Chief Administrative Officer, or designee, shall be authorized to execute, the Transaction Confirmation which, provides for the supply and delivery of electricity for various County accounts in accordance with the contract.
Request or Proposals (RFP) procedures were followed in accordance with the Cook County Procurement code. Constellation Energy Services, Inc. was selected based on established criteria.
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