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HomeMy WebLinkAbout~Master - Contract renewal for Electric Market Participant Services Software RESOLUTION NO. 16-307 RESOLUTION APPROVING RENEWAL OF CONTRACT FOR ELECTRIC MARKET PARTICIPANT SERVICES SOFTWARE FOR THE CITY OF AMES WHEREAS,this action involves renewal of a subscription for market specific software that provides the necessary tools to electronically communicate and conduct transactions with the Midcontinent Independent Transmission System Operator(MISO) Energy Market; and, WHEREAS, this software assists Electric Services in managing the load (the electrical demand of our customers),the generation from the City's Power Plant,our wind resources,plus the imported power from the MISO market to satisfy customers' electrical consumption; and, WHEREAS, the use of this software allows staff to make informed decisions on how to engage in the MISO market,and enables staff to check the accuracy of MISO's very complex billing system; and, WHEREAS, rather than owning the software, the City leases it and contracts for needed support services; and, WHEREAS, on April 22,2014,the Council awarded a contract to MCG Energy Solutions, LLC,of Minneapolis,Minnesota,in the amount of 4118,800 for MISO Market Participant Services for Electric Services; and, WHEREAS, this contract included the option for the City to renew in one-year increments for up to two additional years,and staff recommends renewing the agreement for FY 2016/17; and, WHEREAS, the contract amount for the coming year will be $121,187.88; this increase is in accordance with the contract terms initially established; and, WHEREAS, this is the second renewal out of the two maximum. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the contract renewal with MCG Energy Solutions, LLC, of Minneapolis, Minnesota, for the MISO Market Participant Services for the one-year period from July 1,2016,through June 30,2017, in an amount of$121,187.88,plus applicable sales taxes, is hereby approved. ADOPTED THIS 24" day of May, 2016. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Nelson Seconded by: Corrieri Voting aye: Beatty-Hansen, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: Betcher Resolution declared adopted and signed by the Mayor this 24'day of May, 2016.