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HomeMy WebLinkAboutBID - 5916 NATURAL GAS (2)CITY OF FORT COLLINS ADDENDUM No. 1 SPECIFICATIONS AND CONTRACT DOCUMENTS Description of Bid: 5916 Natural Gas OPENING DATE: 10:00 a.m. (Our Clock) April 27, 2005 To all prospective bidders under the specifications and contract documents described above, the following changes are hereby made. REPLACE: Pages 3-7 of the Bid documents with the attached REVISED pages 3-7. QUESTIONS AND ANSWERS 1. QUESTION: Are faxed bids acceptable? ANSWER: Bidders may and are encouraged to fax bids. 2. QUESTION: Has the City of Fort Collins modified the State of Colorado NAESB? ANSWER: The City of Fort Collins has not modified the State of Colorado NAESB. An executed NAESB will be returned to the bidders. There are added Special Conditions in the Transaction Confirmation. 3. QUESTION: The City specified swing gas provision (which is certainly appreciated) when you are on index. I am assuming that if you elect to go with a fixed price or NYMEX price that Seller will be able to debt or credit Buyer for the difference in price in the event of an over hedged position, and if Seller must buy gas for Buyer then said gas will be priced at CIG GDD Midpoint plus predetermined adder, yes? ANSWER: Yes. RECEIPT OF THIS ADDENDUM MUST BE ACKNOWLEDGED BY A WRITTEN STATEMENT ENCLOSED WITH THE BID/QUOTE STATING THAT THIS ADDENDUM HAS BEEN RECEIVED. 3 City of Fort Collins BID #5916 Natural Gas Bid and Award Procedure Gas suppliers (SELLER) interested in submitting a gas price bid to BUYER shall comply with the following procedures: 1. Confirm receipt of this bid request with a phone call to Jim O’Neill, Director of Purchasing and Risk Management 970-221-6779. 2. Return a signed Gas Purchase Agreement as modified by the State of Colorado at least one week prior to bid opening. 3. Submit questions to Jim O’Neill. 4. Prepare bids for the volumes and periods requested. 5. Fax bid quotes at the required time and date using the attached Natural Gas Bid Form. 6. Bids shall be held good for a two-hour period from 10:00 a.m. until 12:00 noon. 7. “Exhibit A - Transaction Confirmation” shall be faxed to Purchasing Agent by 4:00 p.m. (local time) on bid day upon verbal notification of award of contract. Fiscal Year Gas Use 1. FY06 (June 1, 2005 through May 31, 2006) Single Gas Purchase Table No. 1 - The table lists the respective fiscal year quantities in dth (million btu) of natural gas for each month for firm use and includes fuel loss requirements. 2. FY07 (June 1, 2006 through May 31, 2007) Single Gas Purchase Table No. 2 – The table lists the respective fiscal year quantities in dth of natural gas for each month for firm use and includes fuel loss requirements. Gas Bid Pricing Options 1. NYMEX Basis Differential Price for FY06 Full-Year Volume a. Provide a weighted average NYMEX Basis Differential price in $/dth for the fiscal year FY06 for full-year total quantities as shown in Table 1. This basis bid price shall be the delivered price difference between NYMEX and the PSCo (Front Range) City Gate. 4 2. CIG Index Price for FY06 with the Option to Fix a. Provide a weighted average Inside FERC Gas Market Monthly Index Adder for Colorado Interstate Gas (CIG) for the fiscal year FY06. This index adder shall be the delivered price difference between CIG and the PSCo (Front Range) City Gate. 3. Full-Year Volume Fixed Price for FY06 a. Provide a weighted average fixed price bid in $/dth. This price shall be for the total amounts listed in Table 1 and delivered into the PSCo (Front Range) City Gate. 4. NYMEX Basis Differential Price for FY07 a. Provide a weighted average NYMEX Basis Differential price in $/dth for the fiscal year FY07 full-year total quantities as shown in Table 2. This Basis bid price shall be the delivered price difference between NYMEX and the PSCo (Front Range) City Gate. 5. CIG Index Price for FY07 with the Option to Fix a. Provide a weighted average Inside FERC Gas Market Monthly Index Adder for Colorado Interstate Gas (CIG) for the fiscal year FY06. This index adder shall be the delivered price difference between CIG and the PSCo (Front Range) City Gate. 6. Full-Year Volume Fixed Price for FY07 a. Provide a weighted average fixed price bid in $/dth. This price shall be for the total amounts listed in Table 1 and delivered into the PSCo (Front Range) City Gate. Vendor Award BUYER will evaluate all bids within the two-hour period identified above. The bids that meet the best interest of the City of Fort Collins will be selected and the vendor notified at the end of the bid period. All bids may be rejected if the NYMEX Basis Differentials, CIG Index Adders and/or fixed price bids do not meet budget objectives. Additional Requirements  Seller and Buyer shall use the attached Exhibit A – Transaction Confirmation form with the specified Special Conditions. 5 City of Fort Collins Annual Gas Use Profile June1, 2005 to May 31, 2006 FY06 GAS PURCHASES TABLE No. 1 (Estimated in March, 2005) TOTAL MONTH dth June 2600 July 2000 August 2250 September 3000 October 5250 November 8500 December 9500 January 9300 February 9000 March 7000 April 5000 May 3200 TOTALS 66,600 Notes: 6 City of Fort Collins Annual Gas Use Profile June 1, 2006 to May 31, 2007 FY07 GAS PURCHASES TABLE No. 2 (Estimated in March, 2005) TOTAL MONTH dth June 2600 July 2000 August 2250 September 3000 October 5250 November 8500 December 9500 January 9300 February 9000 March 7000 April 5000 May 3200 TOTALS 66600 Notes: . 7 Purchasing Department Purchasing Fax 970-221-6707 Bid No. 5916 Bid Date: ____________________ Gas Supplier: ____________________________________________ Supplier Phone Number: _________________________ Supplier Fax Phone Number: _________________________ 1. FY06 Full-Year NYMEX Basis Differential Price ($/dth): __________________ 2. FY06 CIG Index Adder Price ($/dth): __________________ 3. FY06 Full-Year Volume Fixed Price ($/dth): __________________ 4. FY07 NYMEX Basis Differential Price ($/dth): __________________ 5. FY07 CIG Index Adder Price ($/dth): __________________ 6. FY07 Full-Year Volume Fixed Price ($/dth): __________________ Bidder Acknowledges Receipt of Bid Solicitation: ________Yes ________No Bidder Acknowledges Bid Periods as Follows: ________Yes ________No  FY06 is June 1, 2005 through May 31, 2006  FY07 is June 1, 2006 through May 31, 2007 Bidder Acknowledges and Accepts Use of Attached Exhibit A _________Yes _________No Transaction Confirmation with Special Conditions: Authorized Agent: _________________________________________ (Print or type name) _____________________________________________________________ (Print or type title) _____________________________________________________________ (Signature) _____________________________ (Date)