Glendale

City Council

May 21, 2024 Order of Business 4 #b

Agenda Item b

b. Glendale Water & Power, re: Amendment No. 4 to Service Schedule Agreement\n(Contract No. 8000569) with Alliance for Cooperative Energy Services Power\nMarketing, LLC (“ACES”)\n1. Motion Authorizing the City Manager, or his designee, to execute Amendment No. 4 to\nthe City’s existing Service Schedule Agreement (Contract No. 8000569) with Alliance\nfor Cooperative Energy Services Power Marketing, LLC (“ACES”), under Southern\nCalifornia Public Power Authority (“SCPPA”) Service Agreement, to extend the City of\nGlendale’s Participation in a Service Agreement for two additional years for real-time\nenergy trading and related support services for a total not to exceed amount\n$2,524,524, plus an additional one-year extension at the City’s option for an amount\nnot to exceed $1,264,170, for a new total contract not to exceed amount of\n$9,193,235, inclusive of contingencies