Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 12-12-17
Requesting Agency: Denver International Airport
Division:
§ Name: Aaron Barraza
§ Phone: (303) 342-2261
§ Email: Aaron.Barraza@flydenver.com <mailto:Aaron.Barraza@flydenver.com>
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A resolution approving a proposed Subscription Agreement between the City and County of Denver and Oak Leaf Solar XXVI, LLC concerning the purchase of solar power at Denver International Airport.
Approves a contract with Oak Leaf Solar XXVI, LLC for $2,250,000 for twenty years for the purchase of solar power produced from a community solar array, the value of which will be deducted from invoices from Xcel Energy for the buildings to which the purchased energy is assigned, at Denver International Airport in Denver County (Denver International Airport) (PLANE-201736215-00). The last regularly scheduled Council meeting within the 30-day review period is on 1-22-18. The Committee approved filing this resolution by consent on 12-20-17.
body
Affected Council District(s) or citywide?
Contract Control Number: PLANE-201736215-00
Vendor/Contractor Name (including any “DBA”): Oak Leaf Solar XXVI, LLC
Type and Scope of services to be performed: Subscription contract to purchase energy generated by Community Solar Gardens at a discounted rate. DEN will subscribe to a community solar array on a dollar per kilowatt-hour basis which is less than the dollar per kilowatt-hour basis currently paid to Xcel Energy. This will result in DEN receiving approximately an additional 1% of our electricity from solar PV, at a cost less than the retail rate of electricity purchased from Xcel Energy. The value of the purchased energy from the solar arrays will be deducted from invoices from Xcel Energy for the buildings to which the purchased energy is assigned.
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
Are WBE/MBE/DBE goals met (if applicable)?
Is the contract new/a renewal/extension or amendment?
Was this contractor selected by competitive process or sole source?
For New contracts
Term of initial contract: Twenty years
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term: 2,250,000
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)