File #: PUB24-168    Version: 1 Name:
Type: Public Utilities Board
File created: 8/12/2024 In control: Public Utilities Board
On agenda: 8/26/2024 Final action:
Title: Consider recommending adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a Professional Services Agreement with Lucido Group LLC, for Energy Trading and Risk Management (ETRM) Support Services for Options, Derivatives, Credit, and Market Connect for Denton Municipal Electric as set forth in the contract; providing for the expenditure of funds therefor; and providing an effective date (RFP 8496 - awarded to Lucido Group LLC, in the five (5) year not-to-exceed amount of $365,000.00).
Attachments: 1. Exhibit 1 - Agenda Information Sheet, 2. Exhibit 2 - Pricing Evaluation, 3. Exhibit 3 - Ordinance and Contract
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AGENDA CAPTION

Title

Consider recommending adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a Professional Services Agreement with Lucido Group LLC, for Energy Trading and Risk Management (ETRM) Support Services for Options, Derivatives, Credit, and Market Connect for Denton Municipal Electric as set forth in the contract; providing for the expenditure of funds therefor; and providing an effective date (RFP 8496 - awarded to Lucido Group LLC, in the five (5) year not-to-exceed amount of $365,000.00).

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