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Title:
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SECOND AMENDMENT TO THE PROFESSIONAL CONSULTANT SERVICES FOR ELECTRIC COST OF SERVICE AND RATE DESIGN PROJECT - ASSIGNING THE AGREEMENT TO NEWGEN STRATEGIES & SOLUTIONS, LLC, EXTENDING THE TERM TO APRIL 30, 2018, AND INCREASING THE CONTRACT BY $85,820 FOR A TOTAL CONTRACT AMOUNT OF $231,970
That the Board of Public Utilities:
1. Approve the Assignment Agreement between City of Riverside, Leidos Engineering, LLC., of Denver, Colorado to NewGen Strategies and Solutions, LLC, of Lakewood, Colorado, approving the assignment of the Professional Services Agreement for the Electric Cost of Service Analysis and Rate Design Project to NewGen Strategies and Solutions, LLC; and
2. Approve the Second Amendment to the Professional Services Agreement for the Electric Cost of Service Analysis and Rate Design Project to extend the term of the Agreement to April 30, 2018, and increase the Agreement by $85,820 to a revised contract amount of $231,970.
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