Share to Facebook Share to Twitter Bookmark and Share
File #: 18-0965    Version: 1 Name: Constellation New Energy, Inc. (f/k/a Constellation Energy Services, Inc.), Chicago, Illinois
Type: Contract Amendment Status: Approved
File created: 12/1/2017 In control: Board of Commissioners
On agenda: 2/7/2018 Final action: 2/7/2018
Title: 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 ...
Indexes: (Inactive) MARTHA MARTINEZ, Chief Administrative Officer, Bureau of Administration
title
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...

Click here for full text