Explanation
BACKGROUND: This legislation authorizes the Finance Director to establish blanket purchase orders to purchase Transformers and Regulators to replenish stock used for customer development. The Purchasing Office has established universal term contracts with Delta-Y Electric Company, FL001506, and WESCO, FL001504, for the option to obtain Transformers and Regulators based upon bids received and opened on August 29, 2002, Solicitation Number SA000308BGB. The required Transformers and Regulators will be obtained in accordance with the terms and conditions of the universal term contracts with Delta-Y Electric Company, Contract Compliance Number 431348557 and WESCO, Contract Compliance Number 251723345.
FISCAL IMPACT: There is sufficient budget authority in the Division of Electricity Operating Fund for this purchase. $266,810 was spent in 2001 and $190,961 was spent in 2002 for the purchase of Transformers and Regulators.
Title
To authorize the Finance director to establish blanket purchase orders for the purchase of Transformers and Regulators for the Division of Electricity in accordance with terms and conditions of universal term contracts with Delta-Y Electric Company and WESCO, and to authorize the expenditure of $113,193.32 from the Division of Electricity Operating Fund. ($113,193.32)
Body
WHEREAS, the Division of Electricity requires Transformers and Regulators to replenish stock used for customer development; and
WHEREAS, the Purchasing Office has established universal term contracts for the option to purchase Transformers and Regulators based upon bids received and opened on August 29, 2002, Proposal Number SA000308-BGB; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Finance Director be and is hereby authorized to establish blanket orders for the purchase of Transformers and Regulators for the Division of Electricity, in accordance with terms and conditions of unive...
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