20-2437ORDINANCE NO.20-2437
AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME-RULE MUNICIPAL
CORPORATION, REJECTING ANY AND ALL COMPETITIVE PROPOSALS UNDER RFP
7297 FOR ENERGY NEWS, CREDIT ANALYTICS, AND MARKET PRICE DATA
SERVICES FOR DENTON MUNICIPAL ELECTRIC; AND PROVIDING AN EFFECTIVE
DATE (RFP 7297).
WHEREAS, the City has solicited, received, and tabulated competitive proposals for the
Energy News, Credit Analytics, and Market Price Data Services for Denton Municipal Electric
in the City of Denton (RFP 7297) in accordance with the procedures of State laws and City
ordinances; and
WHEREAS, the City staff recommends, and the City Council has determined, that it is in
the best interest of the City that the herein described proposals should be rejected; NOW,
THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The following competitive proposals, as described in the “Request for
Proposal”, “Bid Proposals” or plans and specifications on file in the Office of the City’s
Purchasing Agent filed according to the bid number assigned herein (for the Energy News,
(_'redit Analytics, and Market Price Data Services for Denton Municipal Electric) are hereby
reiected
RFP
NUMBER CONTRACTOR AMOUNT
7297
7297
7297
7297
7297
ZE Power Group
S&P Global Market Intelligence
Natural Gas Intelligence
FIS Energy Systems
Morningstar Commodity Data
$86,000
$126,215
$291 ,650
$390,250
$458,750
SECTION 2. The City Manager, or his designee, is hereby authorized to execute all
necessary documents for the rejection of said proposals. The City Manager, or his designee, is
hereby authorized, in his discretion, to readvertise to receive competitive bids, or proceed
otherwise, to procure goods and services described in RFP 7297.
SECTION 3. The City Council of the City of Denton, hereby expressly delegates the
authority to take any actions that may be required or permitted to be performed by the City of
Denton under the RFP 7297 to reject said proposals to the City Manager, or his designee.
SECTION 4. This ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this ordinance was made by nas C jay iS and
seconded by TAn R\{ CLA , the ordinance was passed and approved bythe following vote n - a :
Aye Nay Abstain Absent
Mayor Gerard Hudspeth:Birdia Johnson. District 1 :
Connie Baker. District 2:
Jesse Davis. District 3 :
John Ryan, District 4:
Deb Armintor, At Large Place 5 :
Paul Meltzer, At Large Place 6:
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PASSED AND APPROVED this the \lU day ofl)ecerbb.Cf , 2020
GERARD HUDSPETH, MAYOR
ATTEST:
ROSA RIOS, CITY SECRETARY
(IN Kq:f6rat
APPROVED AS TO LEGAL FORM:
AARON LEAL, CITY ATTORNEY
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