Vendor: Integrys Energy Services, Inc.
Change Order Amount: $250,000
Northeastern Illinois University (NEIU) purchases electricity for the various University locations. Based on historical usage, NEIU estimated its annual usage at $1,500,000. An increase in the estimated usage of electricity by approximately 5% and an approximate 10% increase in costs resulted in the need for a $250,000 increase to the FY19 purchase order. The new PO amount will be $1,715,000.00.
(Note: Dollar amount of increase in the Bulletin will show as $215,000. Bulletin award amount is $1,500,000 however, the Purchase Order was opened for $1,465,000 which leaves a balance of $35,000. An additional $250,000 will be added to the original PO amount ($35,000 + $215,000) in order to pay the additional electricity charges.
The University award process may be delayed up to thirty days as this award goes through a state approval process.