TRANSMITTAL LETTER FOR BOARD MEETING OF JUNE 20, 2024
COMMITTEE ON PROCUREMENT
Mr. Brian A. Perkovich, Executive Director
Title
Report on the acceptance of pricing for Contract 20-RFP-24, Supply of Electricity, with MP2 Energy NE LLC, for a One-Year Extension, starting December 2024 and ending December 31, 2025
Body
Dear Sir:
At the Board meeting of March 16, 2023, the Board of Commissioners granted authority to the Director of Procurement and Materials Management to exercise an option to extend the existing agreement or administer a reverse auction to procure electricity and renewable energy credits under Contract 20-RFP-24 for years 2025 and 2026, subject to the District obtaining pricing that is favorable to the District.
On May 30, 2024, MP2 Energy NE LLC offered extension pricing for a term of twelve months, from December 2024 through December 2025, and the Director of Procurement and Materials Management accepted the offer. The new fixed supply prices for electricity are $0.04793/kWh for Group 1 and $0.04433/kWh for Group 2. The savings to the District for both Groups 1 and 2 is approximately $5,828,000.00 from the current pricing for 2025.
Requested, John P. Murray, Director of Maintenance and Operations
Respectfully Submitted, Darlene A. LoCascio, Director of Procurement and Materials Management