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Title:
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County Executive - Amend an agreement with NuEnergen, LLC, for which NuEnergen was to provide the County with services concerning 'demand response' programs that relate to power usage at County facilities, for a term of five (5) years, commencing on 9/1/18, with the County having the sole option to extend the term of the agreement for up to two (2) additional two (2) year periods thereafter and therefore amend agreement by, 1) extending its term by two (2) years, to a new termination date of 8/31/25, and 2) reflecting the fact that the County will have one (1) additional two (2) year option remaining, and that under the agreement, in consideration of NuEnergen providing the Services, NuEnergen will be entitled to retain seven and three-quarters percent (7.75%) of the amounts owed to the County based upon its participation in the 'demand response' programs, with the County being paid the remaining ninety-two and one-quarter percent (92.25%).
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