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HomeMy WebLinkAboutContract 53781-R3CSC No. 53781-R3 CITY OF FORT WORTH CONTRACT RENEWAL NOTICE November 20, 2024 Acclaim Energy Advisors, Ltd Attn: John Elder, Chief Executive Officer 1885 Saint James Place Suite 1220 Houston, Texas 77056 Re: Contract Renewal Notice CSCO No. 53781(the "Contract") Renewal Term No. 3: March 16, 2025 to March 15, 2026 The above referenced Contract with the City of Fort Worth expires on March 15, 2025 (the "Expiration Date"). Pursuant to the Contract, the Contract may be renewed under the same terms and conditions. This letter is to inform you that the City is exercising its right to renew the Contract for an additional one (1) year period, which will begin immediately after the Expiration Date. All other terms and conditions of the Contract remain unchanged. Please return this signed acknowledgement letter, along with a copy of your current insurance certificate, to the address set forth below, acknowledging receipt of the Contract Renewal Notice. Failure to provide a signed acknowledgment does not affect the renewal. Please log onto PeopleSoft Purchasing at http://fortworthtexas.2ov/purchasin2 to ensure that your company information is correct and up-to-date. If you have any questions concerning this Contract Renewal Notice, please contact me at the telephone number listed below. Sincerely, Elyse Dara Contract Compliance Specialist City of Fort Worth Property Management Department 100 Fort Worth Trail, Fort Worth, Texas 76102 (817) 392-0501 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Contract Renewal Page 1 of 2 ACCEPTED AND AGREED: CITY OF FORT WORTH T"` 8��� By: Dana Burghdoff (Dec , 2024 CST) Name: Dana Burghdoff Title: Assistant City Manager APPROVAL RECOMMENDED: By: l Name: Marilyn Marvin Title: Property Management Director 4q'dUAOgnIl ATTEST: � F WJWU aAd 1 dvo g=4 N oo* Pia*'^e odd By: �TCw Name: Jannette S. Goodall Title: City Secretary v1 soZ/ '-td By: IAZ U /' v Name: J n er Title: Khief Executive Officer 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. ��� Rigby By: Juanita Rigsby (Nov 21,'2024 f4:46 CST) Name: Juanita Rigsby Title: Energy Manager APPROVED AS TO FORM AND LEGALITY: Larry Collister By: Larry Collister (Dec 2, 2024 09:28 CST) Name: Larry Collister Title: Assistant City Attorney M&C: 23-0475 M&C Approved: 6/13/2023 Form 1295 Certification No.: 2023-1023551 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Contract Renewal Page 2 of 2 M&C Review Page 1 of 2 Official site of the City of Fort Worth, Texas A CITY COUNCIL AGEND F°RT��RT" Create New From This MSC DATE: 6/13/2023 REFERENCE **M&C 23- LOG NAME: 21ACCLAIM ENERGY NO.: 0475 ADVISORS LTD AMEND 3 CODE: C TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: (CD 5) Authorize Execution of Amendment No. 3 to City Secretary Contract No. 53781 with Acclaim Energy Advisors, LTD. for Additional Energy Consulting and Management Services for an Amount Not to Exceed $133,248.00; for a Revised Contract Amount Not to Exceed $231,248.00 RECOMMENDATION: It is recommended that the City Council authorize Amendment No. 3 to City Secretary Contract No. 53781 with Acclaim Energy Advisors, LTD. to increase the total compensation in an amount not to exceed $133,248.00 for a revised contract amount not to exceed $231,248.00, to provide additional Energy Consulting and Management Services to evaluate and terminate the Village Creek Water Reclamation Facility Biosolids Drum Drying Facility existing electricity contract with Constellation Energy, transfer electricity accounts to the City of Fort Worth's Retail Electric Provider Contract, and perform sales tax recovery for both electricity and natural gas accounts for the Village Creek Water Reclamation Facility Biosolids Drum Drying Facility. DISCUSSION: The City of Fort Worth entered into a services contract with Acclaim Energy Advisors, LTD., City Secretary Contract No. 53781, to provide Energy Consulting and Management Services on April 6, 2020. On May 24, 2021, the City and Acclaim agreed to Amendment No. 1 to specifically provide natural gas procurement services. On November 10, 2021, the City and Acclaim agreed to Amendment No. 2 to provide energy management and budgeting assistant services related to the City's natural gas supply contract and to increase contract compensation by $48,000.00; for a new contract amount not to exceed $98,000.00. The City and Acclaim have negotiated a contract amendment to provide additional services specifically for the Village Creek Water Reclamation Facility Biosolids Drum Drying Facility to evaluate and terminate its electricity contract with Constellation Energy; transfer energy accounts to the City's retail electricity contract, and perform sales tax recovery services for both electricity and natural gas accounts for the Village Creek Water Reclamation Facility Biosolids Drum Drying Facility. The amendment seeks to increase the total compensation in an amount not to exceed $133,248.00 and will be invoiced by Acclaim based on shared savings gained from power transfer and sales tax recovery. The negotiated shared savings payable to Acclaim is 15\% of savings resulting from energy supply transfer and 35\% of sales taxes upon reimbursement; for an amount not to exceed $133,248.00; payable in City fiscal year 2024. All invoices for payable services will include comprehensive calculations to support payment amount not to exceed $133,248.00. FISCAL INFORMATION/CERTIFICATION: http://apps.cfwnet.org/council_packet/mc review.asp?ID=31103&councildate=6/13/2023 11/20/2024 M&C Review Page 2 of 2 The Director of Finance certifies that upon approval of the above recommendation and adoption of the Fiscal Year 2024 Budget by the City Council, funds will be available in the Fiscal Year 2024 operating budget, as appropriated, in the Water & Sewer Fund. Prior to an expenditure being incurred, the Water and Property Management Departments have the responsibility to validate the availability of funds. TO Fund Department Account I Project Program Activity Budget Reference # Amount ID ID Year (Chartfield 2) FROM Fund Department Account Project Program Activity Budget Reference # Amount ID ID Year (Chartfield 2) Submitted for Citv Manaaer's Office bv: Dana Burghdoff (8018) Oriainatina Department Head: Steve Cooke (5134) Additional Information Contact: Juanita Rigsby (8518) ATTACHMENTS Form 1295 Certificate 101051281.pdf (CFW Internal) VCWRF BIOSOLIDS FID TABLE 5.18.2023.xlsx (CFW Internal) http://apps.cfwnet.org/council_packet/mc review.asp?ID=31103&councildate=6/13/2023 11/20/2024