...Title
Amendment to the Master Consultant Agreement with Ascend Analytics for Technical Consulting Services.
...Recommendations
Adopt a resolution authorizing the City Manager or her designee to:
(a) Execute a First Amendment to the Master Consultant Agreement with Ascend Analytics for technical consulting services including supporting load forecasting and portfolio management, energy risk management and analysis, electricity rates and cost of service studies, and California Independent System Operator and Market Operation Support, to increase the maximum compensation from $320,000 to $2,000,000 and give the City three one-year term extension options through June 30, 2029, subject to the appropriation of funds; and
(b) Exercise up to three one-year options to extend the term of the Master Consultant Agreement through June 30, 2029.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Energy)