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2020-047 - Adopting TCAP's Professional Services Agreement and GEXA Energy's Commercial Electric Service Agreement for Power to be Provided on and after January 1, 2023
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2020-047 - Adopting TCAP's Professional Services Agreement and GEXA Energy's Commercial Electric Service Agreement for Power to be Provided on and after January 1, 2023
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10/27/2020 2:50:36 PM
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CITY CLERK
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prior notice of any upcoming solicitiation, and MEMBER may notify TCAP that it wants <br />to exclude its load from the competitive auction process by giving notice at least 60 days <br />prior to the next procurement date. Termination of involvement in SHP without <br />appropriate notice will require calculation of damages as prescribed by CESA under Edison <br />Electric Institute ("EEI") principles with the intent of making the REP and Energy Manager <br />whole for the termination. Liquidated damages will be based on the differential in the price <br />of electric energy futures contracts used to support the SHP price and the price of <br />comparable electric energy contracts at time of termination and shall also include damages <br />prescribed herein and in the CESA, as applicable. If electric energy prices are lower at the <br />point of termination than they were at time of contracting, MEMBER should expect to pay <br />energy price damages upon early termination. In any event, any termination payment will <br />be calculated and assessed in accordance with MEMBER's CESA. <br />C. Participation in Power Projects <br />If MEMBER has chosen to purchase power from a Power Project through TCAP, in <br />accordance with a signed Project Addendum attached to MEMBER'S CESA, MEMBER's <br />termination rights with respect to its commitment to purchase power from the Power <br />Project shall be contained in the Project Addendum. <br />SECTION 7 CONFIDENTIALITY: <br />MEMBER is a governmental body subject to public information laws, including Chapter <br />552 of the Texas Government Code. If MEMBER receives a valid request under applicable <br />public information laws for information related to this AGREEMENT or its CESA, it shall <br />provide TCAP notice of the request including a description the information sought prior to <br />MEMBER's release of information so that TCAP has the opportunity to determine whether <br />such information is subject to an exception as trade secret, competitive, comercial, or <br />financial information. With the exception of the preceding disclosures pursuant to public <br />information laws, a Party (that party, the "Receiving Party") shall keep confidential and <br />not disclose to third parties any information related this AGREEMENT, except for <br />disclosures to Authorized Parties or as otherwise required by law; and provided that <br />MEMBER authorizes TCAP to provide Energy Manager and REP with any relevant <br />information concerning MEMBER's account, usage and billings. The provisions of this <br />Section 7 apply regardless of fault and survive termination, cancellation, suspension, <br />completion or expiration of this AGREEMENT for a period of two (2) years. "Authorized <br />Parties" means those respective officers, directors, employees, agents, representatives and <br />professional consultants of MEMBER and TCAP and each of their respective affiliates that <br />have a need to know the confidential information for the purpose of evaluating, performing <br />or administering this AGREEMENT. <br />SECTION 8 PARAGRAPH HEADINGS: <br />The paragraph headings contained in this AGREEMENT are for convenience only and <br />shall is no way enlarge or limit the scope or meaning of the various and several paragraphs. <br />
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