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HomeMy WebLinkAboutFIN-20-050 - P20-092 Direct Purchase of Natural Gas Administration and Consulting REPORT TO: Special Council DATE OF MEETING: 2020-08-10 SUBMITTED BY: Ryan Scott, Manager of Procurement, 519-741-2200 ext. 7214 PREPARED BY: Adam Buchholtz, Associate Procurement Specialist, 519-741-2200 ext. 7217 WARD (S) INVOLVED: N/A DATE OF REPORT: 2020-07-13 REPORT NO.: FIN-20-050 SUBJECT: P20-092 Direct Purchase of Natural Gas Administration and Consulting __________________________________________________________________________________________ RECOMMENDATION: That Proposal P20-092 Direct Purchase of Natural Gas Administration and Consulting, be awarded to ECNG Energy Group, Burlington, Ontario, at their estimated fee of $91,000, plus H.S.T. of $11,830, for a total of $102,830, for a one (1) year term with the option to renew for an additional four (4) one year terms, provided a satisfactory contract is executed. BACKGROUND: Kitchener Utilities (KU) purchase and manages the ~$28M annual natural gas portfolio to ensure a continuous and economical supply on natural gas is provided to our customers. As the energy market is continuously changing, having up to date market information is essential. An experienced consultant is required to provide weather information, market pricing, trends and forecast to be able to model various scenarios and make recommendations for short and long- term natural gas supply and delivery options for up to 3-years in advance. There are many tasks that are required to optimize the gas portfolio which require specialized industry knowledge. KU requires a consultant to perform services that include planning, daily operations and balancing, settlement of contracts and regulatory activities related to the purchase delivery and supply of natural gas. The consultant will assist in the optimization of KU storage and transportation contracts with Enbridge Gas Inc. REPORT: Proposals were advertised publicly on the City of Kitchener website. Documents were downloaded by seven (7) interested parties and by the closing date of Thursday May 14, 2020, six (6) proposals had been received. *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. A listing of the responding parties follows for your reference: Ag Energy Co-operative Ltd. Guelph ON Blackstone Energy Services Toronto ON ECNG Energy Group Burlington ON * Global Petroleum Marketing Inc. Calgary AB Jupiter Energy Advisors Inc. Toronto ON * Perimeter Energy Inc. Burlington ON *Shortlisted candidates The proposal submissions were reviewed and rated by the selection committee, G. St. Louis, Director Gas & Water Utilities, L. Jones, Manager Gas Supply and Engineering, and J. Chaterjee, Regulatory Analyst. The review committee met on Monday June 8, 2020, and a shortlist of two (2) candidates * was selected for further interviews. The review committee met on Friday June 19, 2020, to interview and rate the shortlisted candidates. The committee recommends awarding the project to the highest rated proponent ECNG Energy Group, Burlington, Ontario. The selection committee rated the proposal submissions on the following criteria: Experience of Proposed Team Planning Services Operating Services Settlement Services Regulatory Services Effect of Interview ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: the delivery of core service. FINANCIAL IMPLICATIONS: The net cost for this proposal (A), is fair and reasonable for a project of this scope but the upset limit exceeds the budget allowance (B) provided within the budget. Funding for this project is included within the approved budget. The estimated deficit (D) will be funded by other savings in the Gas Utility operating budget. Proposal P20-092 Consultant Services - Advisory Services for the Procurement of Management of Natural Gas Supply Estimated Cost Proposal P20-092 costs, including HST 102,830.00 less: HST rebate on proposal (11,830.00) Net Cost Being Awarded 91,000.00 A - Estimated Cost 91,000.00 C Funding Available Professional Service Consultant 68,500.00 Total budget 68,500.00 B Estimated Surplus/(Deficit) (B - C) (22,500.00) D COMMUNITY ENGAGEMENT: INFORM council / committee meeting. ACKNOWLEDGED BY: Jonathan Lautenbach, Chief Financial Officer, Financial Services Department