Title
Approval of Amendment No. 3 to Services Agreement No. AGR16-042 with Open Access Technology, Inc. in the amount of $27,000.00, for a Total Agreement Amount Not to Exceed $706,320.00, plus Applicable Gross Receipts Tax, for Additional webTrader Functionality for the Energy Trade Capture and Scheduling Software
Recommended Action
I move that the Board of Public Utilities approve Amendment No. 3 to Services Agreement No. AGR16-042 with Open Access Technology, Inc. in the amount of $27,000.00, for a Total Agreement Amount Not to Exceed $706,320.00, plus Applicable Gross Receipts Tax, for Additional webTrader Functionality for the Energy Trade Capture and Scheduling Software, and forward to Council for approval.
Staff Recommendation
Staff recommends that the Board approve as presented.
Body
On September 16th the Board of Public Utilities adopted Electric Production’s approach to closing the gaps identified by Utilicast for Public Service Company of New Mexico’s (PNM) entry into the California Independent System Operators (CAISO) Energy Imbalance Market (EIM). This amendment is for the programming of an Electronic Industry Data Exchange (EIDE) system to satisfy a requirement to forecast constantly with regard to load and generation. The forecast will automatically upload to PNM’s system and help Power Operations manage the increased workload relatively inexpensively. The amendment is to last the duration of the OATI existing contract and add $27,000.00 which includes initial implementation plans. The cost of this service was included in the current fiscal year budget and approved by the Utilities Board and County Council.
History: The Department of Public Utilities Electric Production (EP) Division has been using OATI power scheduling software, (Web-Trader), since 2009. OATI Web-Trader is an internet based product that helps monitor and track, the County and LANL combined load, generation assets and market purchases and sales on an hou...
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