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Opening of Proposals - City of SB Natural Gas Supply - Constellation
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Opening of Proposals - City of SB Natural Gas Supply - Constellation
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4/4/2025 8:38:18 AM
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5/9/2018 12:58:38 PM
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Board of Public Works
Document Type
Projects
Document Date
5/8/2018
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AMNW <br />ANNINIPP" <br />ConsteRation. <br />An Fxe(on Conipany <br />D - PRICING PRQPOSAL. CNEG Is offering the City of South Bend's locations a single price for the group. This <br />indicative pricing includes 100% percent swing with a fixed price option. Ilndlicative standard Choice Pricing as of <br />5,/7/2018 with a September 2018 start is as follows: <br />7-Ma,y <br />Price Type Term Therm Price <br />Fixed 24 $ 0.28 <br />36 $ 0.28 <br />49 $ 0.28 <br />Float 24 NX -0.0035 <br />36 NX -0.0027 <br />49 NX -0.0015 <br />Pricing is indicative as of the 517118. Pricing subject to refresh and volume verification at time of award. <br />Fixed Pricing quoted above includes 100% Swing, NYM,EX+ fixed adder pricing includes 100% swing. If selected, <br />the City would have the option to convert to a fixed price at a future point in time. <br />Constellation does not charge a fixed hedging fee or "premium above the screen" at time of conversion to a fixed <br />price. <br />Current Interstate Transportation and Storage Fees are $,088/therm. The fee is variable, typically seasonalily, <br />without specified variability periods. The calculation of the variable price includes, but is not limited to <br />supplier's cost for any applicable pipeline, LDC charges, storage costs and pooling charges. <br />E — S Prices quoted include 100% swing. <br />F — PROCUREMENT, Constellation will work with the City of South Bend to create a procurement strategy. The <br />City is notified of a, fixed price conversion via an updated contract as per the attached sample. <br />MARKET INTELLIGENCE AND COMMUNICATIONS, Constellation communicates market information to help <br />our customers make decisions in many ways and formats. Constellation provides, customized <br />communications via blogs, newsletters, regulatory updates and case studies to your email inbox. We hold bi- <br />monthly webina,rs with, our Commodities Management Group (CMG). Your account team is briefed with in- <br />depth market information weekly that can be condensed and shared with buyers. The CMG group is also <br />available for local customer meetings and could conduct regular customized updates for the City of South <br />Bendl. <br />G — INVOICING. The City of South Bend will receive Constellation's charges on their NIPSCO invoice. <br />H — BUDGETING AND REPORTING. Samples of customer reports are included in appendix. <br />Constellation I Response to RFP I May 8,2018 Page 8 <br />CONFIDENTIAL <br />Use or disclosure of data contained herein is subLect to the <br />restriction on the title page of this poosal, <br />
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