Explanation
BACKGROUND: This ordinance authorizes the Director of Finance and Management to establish a blanket purchase order for the purchase of Low, Medium and High Voltage Power Cables used in overhead and underground applications as required for the daily operations of the Division of Power and Water (Power). Items required will be obtained in accordance with an established Universal Term Contract, FL003534, with Consolidated Electrical Distributors, Inc. established by the Purchasing Office.
A purchase order, in the amount of $100,000, was established earlier this year for the division to obtain cable for its daily operations. However, that purchase order was used to purchase cable needed immediately for a capital bond project thereby making this legislation necessary to establish a new purchase order. The funds used for the capital bond project have been reimbursed to the Electricity Operating Fund in accordance with Ordinance 0804-2008, passed 06/09/2008.
SUPPLIER: Consolidated Electrical Distributors, Inc. (770559191) Expires 8/22/2010
FISCAL IMPACT: $115,000 was budgeted in the Electricity Operating Fund for the purchase of wire and cable. There is sufficient budget authority in the Electricity Operating Fund 550, Object Level One: 06, for this purchase due to deferment of other capital equipment purchases.
$47,544 was spent in 2006 and $500,000 was spent in 2007 for the purchase of wire and cable.
Title
To authorize the Director of Finance and Management to establish a blanket purchase order for Low, Medium and High Voltage Power Cables from an established Universal Term Contract with Consolidated Electrical Distributors, Inc. for the Division of Power and Water and to authorize the expenditure of $96,302.50 from the Electricity Operating Fund. ($96,302.50)
Body
WHEREAS, the Purchasing Office has established a Universal Term Contract, FL003534, for the purchase of Low, Medium and High Voltage Power Cable...
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