Electricity Supplier

This contract awards Four Rivers Sanitation Authority the right to purchase wholesale electricity for its facilities. The supplier will provide electricity to the Authority’s delivery point (FOB destination at 3333 Kishwaukee St., Rockford, IL) and will bill FRSA monthly based on the real‑time Locational Market Pricing (LMP) plus a fixed retail‑adder charge expressed in $/kWh. The agreement runs for three years, beginning with the September 2024 meter reading and ending with the September 2027 reading, with the option for up to two additional one‑year extensions if both parties agree in writing. The supplier must carry specified insurance coverage, indemnify FRSA, and comply with all relevant state and federal regulations, including equal‑opportunity and employment standards. Bids were required to be submitted in sealed hard‑copy envelopes by 2:00 pm on August 5 2024, and the contract will be paid on a monthly invoicing cycle. • Service: Wholesale electricity supply, pass‑through LMP + fixed retail adder. • Term: 36 months (Sept 2024 – Sept 2027) with up to two 1‑year extensions. • Pricing: Variable unit price per kWh; no markup allowed; retail adder fixed at $0.00189/kWh. • Vendor: Constellation NewEnergy, Inc. (sole award). • Procurement: Full and open competition, sealed‑bid process.