KEYS_Bid_12-25_Addendum_3.pdf

This document is Addendum 3 for KEYS Bid 12-25, issued by Keys Energy Services (KEYS), a municipal electric utility in Key West, Florida, pertaining to the purchase of a power transformer. The addendum provides clarifying questions and answers related to the bid, addressing key aspects such as manufacturing origin, delivery expectations, lead time considerations, and pricing structures. Specifically, the document indicates that while KEYS prefers North American manufacturing, international manufacturers can submit bids provided they meet ANSI, IEEE, and NEMA standards. KEYS does not have a fixed delivery date, but lead time will be a significant factor in bid evaluation, with shorter lead times viewed more favorably.

Regarding pricing, KEYS demonstrates flexibility by not automatically disqualifying bids with escalating pricing, provided the escalation components are clearly defined and tied to easily discernible metrics. The utility reserves the right to consider the inclusion of escalating pricing in its award determination. The addendum emphasizes transparency in the procurement process, showing KEYS's approach to evaluating bids comprehensively by considering factors beyond just initial price, such as manufacturing origin, technical compliance, delivery timeline, and potential price adjustments. This approach suggests a nuanced evaluation strategy aimed at securing the most suitable transformer for the Big Coppitt Substation while maintaining openness to diverse bidding scenarios.