Alberta Purchasing #24-0211

Award for Treasury Services for ENMAX Dividend Policy Review by City of Calgary

This award notice details the City of Calgary's selection of Deloitte LLP for treasury services related to the ENMAX Corporation's dividend policy review. - Government Buyer: - City of Calgary (Canada) - OEMs and Vendors: - Deloitte LLP (sole vendor and service provider) - Products/Services Requested: - Financial and strategic advisory services - Focus on regulated electric utilities, competitive power generation, and corporate finance - Support for assessing the commercial viability of ENMAX Corporation's dividend policy - Unique or Notable Requirements: - Emphasis on experience in regulated utilities and corporate finance - Direct award under a trade agreement exception - No physical products; strictly professional advisory services - Contract Value: - $420,000 (CAD) - Place of Performance: - Calgary, Alberta, Canada (City of Calgary offices and Deloitte's Calgary office)

Description

This notice of award is for treasury services related to the ENMAX dividend policy review. The City of Calgary awarded the contract to Deloitte LLP to provide financial and strategic advisory services, particularly in regulated electric utilities, competitive power generation, and corporate finance. The contract supports assessing and advising on the commercial viability of ENMAX Corporation's dividend policy. The award amount is $420,000, and the award date was December 2, 2024. The procurement was a direct award under a trade agreement exception.

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