City Council

12. Approve an agreement with Siemens Industry, Inc., in an aggregate amount not to exceed $188,754 plus a 15% contingency, for as-needed services for wholesale energy risk management quantitative modeling services for a two year term with one one-year optional extension; and authorize the Public Utilities General Manager, or designee, to execute the agreement and related or implementing documents, including any cost-neutral amendments, assignments, and any documents contemplated by the agreement, and to take the necessary or advisable actions to implement, fund, and administer the agreement.