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HomeMy WebLinkAboutContract 52142-R4CSC No. 52142-R4 CITY OF FORT WORTH MASTER SUBSCRIPTION AGREEMENT RENEWAL NOTICE April 17, 2023 S&P Global Platts Attn: S&P Global Plaits 55 Water Street New York, NY 10041, US Re: Renewal Notice for Master Subscription Agreement CSC# 52142 ("Contract") The above referenced Contract with the City of Fort Worth expired on March 17, 2023 ("Expiration Date"). Pursuant to Section 3_ B_ in the Contract, the term may be extended for successive (1) year terms with notice from Subscriber ("City"). This letter is to inform you that the City is exercising its right to renew the Contract for an additional one (1) year period, retroactive March 18, 2023 to March 17, 2024, at the new subscription rate of $21,560.04, pursuant to the attached subscription renewal invoice #t000681948. Please signed this Renewal Notice, acknowledging receipt and agreement of the renewal, and email back to Mark. Brown(c),FortWorthTexas.gov. Failure to provide a signed acknowledgment does not affect the renewal_ If you have any questions concerning this Renewal Notice, please contact me via email or the telephone number listed below. Sincerely, Mark Brown, Lease Manager City of Fort Worth Property Management Department 817-392-5197 Mark.Brown akFortWorthTexas.gov OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX CITY OF FORT WORTH Dana Baranda11;f— By: Dana Burghd off (Ma 28, 2023 08:47 CDT) Dana Burghdoff Assistant City Manager CONTRACT COMPLIANCE MANAGER: By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. 1 By: Mark Bro n(May 25,2U2314:13 CDT) Name: Mark Brown Lease Manager, Property Management Department Title: APPROVED AS TO FORM AND LEGALITY: s!n- John B. Strong Sr. Assistant City Attorney goo�vnAn� ppF fORT�pO ° d ATTEST: �p pFo ° ' By: aQ4Il TEXASoO•o aRao4a Jannette S_ Goodall City Secretary S&P GLOBAL PLATTS 'i-� By: 4. Name: N1 -S a, C3 11 f�6 Title: OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Page 1 of 3 S&P Global INVOICE Platts Please see latest Data Protection Appendix and Standard Contractual Clauses located the Invoice Terms harelm S&P GLOBAL INC 66 WATER STREET, NEW YORK, NEW YORK,10041, US customer No invoice NO Invoice Date Purchase Order Terms Due Date US Federal Tax J.D. for BNling Purposes:l3-1026995 168268 1000681948. 17-JAN-2023 Due Upon Receipt Bill To: Ship To., FORT WORTH TEXAS FORT WORTH TEXAS MARK BROWN MARK BROWN 900 MONROE ST 900 MONROE ST FORT WORTH TX 76 t 32-6319 FORT WORTH TX 76102-6319 Description Units From To Ship To:FORT WORTH TX 76102-8319 Market Data - Natural Gas - GM - Package - North America - 3 Monthly (Web: Platts) Inlemal Ref#: 01420041 Z6101-S-00002006 Ship T®_FORT WORTH TX 76102-6319 Market Data Subscription Fee 3 Imams) Rath: Q1420041Z0101-S-W02008 Tax (USE)) Amount (Usti; 18-MAR-2023 17-MAR-2024 $ 0.00 $ 8,846,28 18-MAR 2023 17-MAR-2024 $ Ono $ 12,713.76 To Ensure Proper Credit Detach Nero and Return Thls Pardon With Your Rernilfetice S&P Global Platts Federal I.D : 13-1026995 Invalce No: 1000681948 Customer Number: 16B266 invoice Date: 17-JAM-2023 FORT WORTH TEXAS MARK BROWN 900 MONROE ST FORT WORTH TX 76102-6319 Bank tiAiira: 13ank of Arnerica Dallas, Texas United States S&P Global Plaits Bank Account #.'8188005430 Swift Code: BOFAU83N ABA #: 026909593 Subtotal Total Tax 21,580.U4 $ 0.00 Invoice Total $ 21,560.04 Payment. CreditsiAd ustments $ 0.00 $ 0.00 Balance Due {USD) $ 21,660.114 Checks: S&P Global Plates PO Box 848093 Dallas TX 762a4-8093 Total Amount Due (USD): $ 21,660.04 Amount Enclosed: Page 2 of 3 S&P Global Commodity Insights 20 Canada Square Canary Wharf London, E14 5LH T +44 (0)247 176 6111 spglobal.comlcommodityinsights Dear Mark, Firstly, I want to wish you and yours a safe and inspiring new year as we look forwrard to are eXeiting 2023. In March 2022, S&P Global and IHS Markit merged companies and capabilities, bringing together two industry leading organizations with a primary focus on the energy and global commodities markets. This union delivers unmatched capabilities, comprehensive integrated insights, expert analysis, and advisory services as well as our geld standard commodity market coverage and price benchmarks. The combined organization consists of a talented group of more than 4,500 industry experts, researchers, market reporters, data experts, customer specialists, software engineers, and many more professionals. Together, we are excited to be able to deliver even greater market coverage than ever before, We remain focused on delivering our insights to ycu, ensuring they continue to enhance your workflows without interruption, while also providing value through engagements and the responsive customer care you expect. With customers like you at the center of everything we do, we worked to improve market transparency and further enhance the value of essential information from S&P Global Commodity Insights. Here are some highlights from 2022: • More than It DO price assessments and 40 exchange listed contracts added across all commodities. • New content and enhanced functionality on Platts Dimensions Pro (PDP), including improved search functionality, navigation, and connections to market commerstary as well as mobile app improvements. We also enhanced user experience with PDP-based newsletters, email notifications and now advanced charting formula functions. • Major expansion of offerings available via API and a new partnership with Snowflake, to expand the ways you can engage with and incorporate our data and analysis into your workflaws. • Expanded coverage in the ET space, including Methane, Ammonia, Hydrogen, Renewable Penetration Indices, Crude Carbon Intensity, Methane Intensity Premiums, Voluntary Carbon Markets and more. • Content enhancements and new product launches like the new Hydrogen Production Asset Databaze, Freight Markets Quarterly 5napshotiStideshow, Global Oil Demand Report and Plaits Analytics Yields and Netbacks report which provides refinery values based on proprietary refinery model yields, and corresponding netbacks and margins for various crude grades around the world. • Expanded global events to include industry leading offerings such as CERAVireek by S&P Global, the World Petrochemical Conference by 5&P Global, and other topic -specific and regionally focused events. Looking at 2023 and beyond, we are committed to enhancing our robust offering through continuous innovation and investment, ensuring tour solutions serve evolving market needs, However, to make certain we continue to deliver stellar service and product innovation in this high -cost environmeriL it has become imperative we adjust our subscription prices in 2023. We understand many of our customers like you are experiencing increasing cost pressures due to the current environment, and unfortunately, our business is no exception. As a trusted partner to a business like yours for the last 110 years, we remain focused on delivering excellent service and helping you unlock greater value from our solutions. on behalf of the entire team, thank you for choosing us. Yours sincerely, Martin Giissel, Chiet Commercial Officer, 5&F' Global Commodity insights S&P Global Commodity Insights Page 3 of 3 Please always include your invoice number and contract or account number when corresponding With us. 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