Description
Title: Authorize a contract for a process information analytics platform for Austin Energy with Aveva Software, LLC for an initial term of three years with up to two one-year extension options in an amount not to exceed $2,000,000. Funding: $309,000 is available in the Capital Budget of Austin Energy. Funding for the remaining contract term is contingent upon available funding in future budgets.
Summary
The City of Austin has proposed a contract with Aveva Software, LLC, to authorize a process information analytics platform for Austin Energy. This contract, with an initial term of three years and two optional one-year extensions, totals up to $2,000,000. Funding includes $309,000 available in the Austin Energy Capital Budget, with future funding dependent on budget availability. The software is essential for Austin Energy's operations, providing real-time data from various facilities to enhance troubleshooting and asset performance. It integrates with critical utility systems, ensuring compliance with regulatory requirements by retaining operational data for two years. As Aveva Software is the sole provider of this proprietary software, the absence of this contract would hinder Austin Energy's ability to maintain system support and updates,