Explanation
BACKGROUND: This ordinance authorizes the Director of Finance and Management to establish a blanket purchase order for the purchase of Pole Line Hardware for the Division of Power and Water (Power) in accordance with an existing universal term contract with Power Line Supply Company.
Purchase orders totaling $100,000 were established with Power Line Supply Company earlier this year for the division's daily needs for pole line hardware thus making this legislation necessary to request an additional purchase of pole line hardware to be used in system improvement projects. Items required will be obtained in accordance with the terms and conditions of the existing universal term contract, FL003950, with Power Line Supply Company established by the Purchasing Office.
SUPPLIER: Power Line Supply Company (381783949) Expires: 02/01/2010
FISCAL IMPACT: $115,000 was budgeted in the Electricity Operating Fund for the purchase of pole line hardware in 2008. $15,000 in additional funds will be reprioritized to accommodate this expenditure without increasing the existing budget. $35,000 was spent in 2006 and $149,707 was spent in 2007 for the purchase of Pole Line Hardware.
Title
To authorize the Director of Finance and Management to establish a blanket purchase order for Pole Line Hardware from an established universal term contract with Power Line Supply Company for the Division of Power and Water and to authorize the expenditure of $30,000.00 from the Electricity Operating Fund. ($30,000.00)
Body
WHEREAS, the Purchasing Office has established a universal term contract, FL003950, for the purchase of Pole Line Hardware with Power Line Supply Company which expires March 31, 2009; and
WHEREAS, Pole Line Hardware is necessary for the completion of system improvement projects for Division of Power and Water (Power); now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Finance and Management be and is hereby authorized to establish a blanket purchase order for Pole Line Hardware from an established universal term contract with Power Line Supply Company, FL003950, for use by the Division of Power and Water (Power).
SECTION 2. That to pay the cost thereof, the expenditure of $30,000.00, or so much thereof as may be needed, is hereby authorized from the Division of Electricity Operating Fund No. 550, OCA 606731, Object Level One: 02, Object Level Three 2273.
SECTION 3. That this Ordinance shall take effect and be in force from and after the earliest period allowed by law.