Natural Gas Procurement a. In partnership with UK Utilities and Energy Management, develop the University’s natural gas procurement strategy based on University’s desired risk tolerance. b. Assist the University staff with RFP packages for natural gas supply. Make recommendations and provide specific language as needed to properly position the University’s request in the marketplace. c. Draft specific language for accuracy and completeness. Identify any potential pitfalls or omissions in the contract. d. Assist the University staff in negotiating natural gas delivery via pipeline transportation, where necessary, to support all natural gas supply required by the University facilities. e. Review and summarize all RFP submittals and recommend the most advantageous proposal for the University. f. Provide qualitative and quantitative analysis to demonstrate, compare, and contrast proposals between each other as well as with supply contracts currently in place. g. Participate in interviews and negotiations with selected suppliers on contract details. h. Assist University personnel in preparation for administrative meetings to explain proposed approaches and contract details on natural gas purchases and delivery options. i. Prepare and make presentations to the University’s Board, committees, and/or executives regarding recommendations, if necessary. j. Continuously monitor state and federal regulatory changes that are pertinent to UK and provide recommendations to minimize risks to service and budget. Analysis, Data Management, and Consultation a. Track the University’s natural gas use and cost on a monthly basis. b. Provide monthly reports and analysis comparing the University’s use and cost to a baseline year and to ongoing marketplace costs. Monthly reports will also have a 36 month projection of recommended hedging positions based on the University’s risk tolerance. c. In partnership with UK staff, manage the natural gas bank and nominations including supply issues such as operational flow orders. d. Maintain any databases, built with past usage provided by the University, as needed to accomplish data analysis. This database will be updated monthly as usage/cost data becomes available. e. Reports shall identify rationale for cost variances and consider the implications of changes in Transmission and Distribution Service Provider (TDSP) and/or Transportation Pipeline charges. f. Develop and maintain a model that predicts daily natural consumption for the University g. Billing review and auditing h. Provide budget projections for all natural gas usage and cost i. Manage the addition and deletion of natural gas accounts to the relative contract.
