Description
Title: First Amendment to the Master Consultant Agreement with NewGen Strategies and Solutions, LLC for Professional Consulting Services.
Summary
The City of San José is considering a resolution to amend its Master Agreement with NewGen Strategies and Solutions, LLC, increasing the maximum compensation from $350,000 to $850,000. This amendment is necessary to support the San José Clean Energy initiative through enhanced professional consulting services, particularly in areas such as municipal power evaluation, financial planning, and electricity rate design. NewGen was initially contracted in 2024 for a five-year period and has been instrumental in addressing challenges related to large data center loads. The amendment ensures continued expert guidance crucial for the city's energy strategies and funding comes primarily from the San José Clean Energy fund, with future expenditures dependent on City Council approval.