Explanation
Section 1. That the Finance and Management Director is hereby authorized to associate all General Budget Reservations resulting from this ordinance with the appropriate Universal Term Contract Purchase Agreement for Low, Medium and High Voltage Power Cable.
The following Purchase Agreement associations require approval by City Council in order for the division to expend more than $100,000.00, per 329.19(g):
Consolidated Electrical Distributors, Inc. PA000306, expires 10/31/16
This power cable is used within the distribution network for power transmission at low, medium and high voltage. This blanket purchase order will be used to replenish stock used for daily operating, repairs due to storm damage, routine maintenance and new customer development.
SUPPLIER: Consolidated Electrical Distributors, Inc. (77-0559191) Expires 8/4/16
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.
FISCAL IMPACT: $300,000.00 is budgeted in Object Class 06 Capital Outlay and needed for this purchase.
$267,308.00 was spent in 2015 for Low, Medium and High Voltage Cable.
$293,217.00 was spent in 2014 for Low, Medium and High Voltage Cable.
Title
To authorize the Director of Finance and Management to associate all General Budget Reservations resulting from this ordinance with the appropriate Universal Term Contract Purchase Agreement for Low, Medium and High Voltage Power Cable with Consolidated Electrical Distributors, Inc. for the Division of Power; and to authorize the expenditure of $300,000.00 from the Electricity Operating Fund. ($300,000.00)
Body
WHEREAS, the Purchasing Office established a Universal Term Contract Purchase Agreement for the option to obtain Low, Medium and High Voltage Power Cable, with Consolidated Electrical Distributors, Inc.; and
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