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HomeMy WebLinkAboutFCS-16-013 - E15-068 Cons Svcs - Advisory Services for the Procurement Mgmt of Natural Gas Supply REPORT TO: Committee of the Whole DATE OF MEETING: 2016-01-25 SUBMITTED BY: Michelle Palmer-Novakovic, Director of Supply Services 519-741-2200 ext. 7214 PREPARED BY: Steve Rudak, Buyer, 519-741-2200 ext. 7213 WARD(S) INVOLVED: N/A DATE OF REPORT: 2015-01-12 REPORT NO.: FCS-16-013 SUBJECT: E15-068 Consultant Services – Advisory Services for the Procurement and Management of Natural Gas Supply ___________________________________________________________________________ RECOMMENDATION: That Expression of Interest E15-068 Consultant Services – Advisory Services for the Procurement and Management of Natural Gas Supply, be awarded to Aegent Energy Advisors Inc., Toronto, Ontario, at their estimated fee of $140,400., plus H.S.T. of $18,252., for operating and settlement services, and Blackstone Energy Services, Toronto, Ontario, at their estimated fee of $48,600., plus H.S.T. of $6,308., for advisory and planning services, for an annual combined total of $213,560., for a three (3) year term, with two (2) additional one (1) year renewal terms based on satisfactory contract being negotiated. BACKGROUND: The City of Kitchener, Utilities Division (Kitchener Utilities), offers its 68,000 customers the choice of purchasing system gas or utilizing Bundled Transportation Agreements (frequently called Direct Purchase) for their natural gas requirements. Since 2001, Kitchener Utilities has been recognizing the benefit from the assistance and advice of energy management experts to manage the complexities of the market in the purchasing of natural gas and the management of its upstream contracts. The consultant providing operating and settlement services will provide management of the City’s system gas providers as well as the coordination of the direct purchase volumes between the City, Union Gas and customers. *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. 1.vi. - 1 The consultant providing advisory and planning services will coordinate the contracts with the gas distribution and gas transportation providers as well as providing strategic advice regarding current and long-term market trends, directpurchase issues and opportunities, gas supply issues, asset optimization and transportation arrangements. REPORT: In accordance with Chapter 170 of the Municipal Code pertaining to the Selection of Professional Services/Consultants, a Consultant’s Review Committee was established consisting of W. Malcolm, Director of Utilities, J. Chatterjee, Regulatory Analyst, L. Baillargeon, Manager, Asset Optimization and S. Rudak, Buyer. Expressions of interest were advertised publicly on the City of Kitchener website and on the internet through the Ontario Public Buyers Association Electronic Tendering Information System relative to this project. Documents were downloaded by twenty-one (21) interested parties and by the closing date of Monday September 14, 2015, five (5) responses had been received. The review committee met on Friday September 18, 2015, to review the submissions and a shortlist of three (3) candidates* was selected for further interviews. The Committee met on Friday November 20, 2015 to interview the shortlisted candidates followed by site office visits on December 18th. The Committee recommends splitting the award with Aegent Energy Advisors, Toronto, Ontario and Blackstone Energy Services, Toronto, Ontario. The Committee rated consultants on the following criteria: • Intellectual Capital / Experience • Independence / Established Presence • Capability – Market View / Intelligence / Regulatory • Capability – Asset Management / Supplier Relations • Capability / Settlement / Reporting • Price • Presentation • Proposed Project Manager • Response to Questions • Questions Posed to City by Candidates A listing of the responding parties follows for your reference: Aegent Energy Advisors Inc. Toronto ON * Blackstone Energy Services Toronto ON * Comsatec Inc. Callander ON Concentric Energy Advisors Marlborough MA USA ECNG Energy L.P. Chatham ON * *Shortlisted candidates 1.vi. - 2 ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: The recommendation of this report supports the achievement of the city’s strategic vision through the delivery of core service. FINANCIAL IMPLICATIONS: The net cost for this proposal (A), is fair and reasonable for a purchase of this scope and the upset limit is within the budget allowance (B) provided within the budget. Funding for this project is included within the approved operating budget. The estimated surplus (D) will remain in the account to fund other professional services. Financial Summary for Expression of Interest E15-068 Consultant Services - Advisory Services for the Procurement of Management of Natural Gas Supply Total Estimated Cost Expression of Interest E15-068 costs, including HST 213,560.00 less: HST rebate (24,568.85) Net Cost Being Awarded 188,991.15 A Costs Incurred to Date - Projected Costs (consulting fees for transition) 30,000.00 Estimated Cost 218,991.15 C Budget Professional Service Consultant 285,308.00 Total budget 285,308.00 B Estimated Surplus/(Deficit) (B - C) 66,316.85 D COMMUNITY ENGAGEMENT: INFORM – This report has been posted to the City’s website with the agenda in advance of the council / committee meeting. PREVIOUS CONSIDERATION OF THIS MATTER: Not applicable ACKNOWLEDGED BY: Dan Chapman, Deputy CAO & City Treasurer, Finance and Corporate Services 1.vi. - 3