Item 5- RCA: DNV Energy Insights — original pdf

Backup

Posting Language ..Title Authorize an amendment to a contract for continued Cascade Utility Asset Management Software Solution for monitoring critical assets, tracking age, usage, and maintenance history for Austin Energy with DNV Energy Insights USA Inc., to increase the amount by $469,000 for a revised total contract amount not to exceed $1,269,000. Funding: $65,363 is available in the Operating Budget of Austin Energy. Funding for the remaining contract term is contingent upon available funding in future budgets. Item 5 ..Body Lead Department Austin Financial Services. Client Department(s) Austin Energy. Fiscal Note Funding in the amount of $65,363 is available in the Fiscal Year 2025-2026 Operating Budget of Austin Energy. Funding for the remaining contract term is contingent upon available funding in future budgets. Procurement Language: Contract Amendment. MBE/WBE: Sole source contracts are exempt from the City Code Chapter 2-9B (Minority-Owned and Women-Owned Business Enterprise Procurement Program); therefore, no subcontracting goals were established. Prior Council Action: February 4, 2021 - Council approved a contract for Cascade utility asset management software with DNV GL USA, Inc., now DNV Energy Insights USA Inc. For More Information: Direct questions regarding this Recommendation for Council Action to Austin Financial Services - Central Procurement at: FSDCentralProcurementRCAs@austintexas.gov or 512-974-2500. Council Committee, Boards and Commission Action: August 10, 2026 - To be reviewed by the Electric Utility Commission. Additional Backup Information: The contract amendment will increase contract authority allowing Austin Energy to add the Cascade Facility Ratings module to the existing Cascade utility asset management software solution. The Cascade software allows Austin Energy to monitor critical assets, tracking age, usage, and maintenance history. Cascade uses data analytics, predictive maintenance and preventive maintenance, to minimize the risk of equipment failure, while maximizing equipment lifetimes. The results are seen in gained efficiency, lower risk and reduced costs, with maximum uptime and reliability of service for Austin Energy. The Cascade Facility Ratings module will allow Austin Energy to manage the electric system facilities to comply with the North American Electric Reliability Corp ) requirements by providing change management, approval management, historical records management and reporting capabilities. Contract Details: Item 5 Contract Term Length of Term Contract Initial Term Contract Amendment Contract Amendment Proposed Amendment Total 10 years Authorization $800,000 Administrative Administrative 10 years $800,000 Requested Additional Authorization Revised Total Authorization $30,000 $64,000 $375,000 $469,000 $800,000 $30,000 $64,000 $375,000 $1,269,000 Note: Contract Authorization amounts are based on the City’s estimated annual usage.