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HomeMy WebLinkAbout9 Consideration of Increasing Annual UG Cable Purchase Authorization ACTION ITEM #9Electric Cable PurchasesBlanket Contract for Underground Consideration of Increasing Annual Electric Cable PurchasesBlanket Contract for Underground Consideration of Increasing Annual Consideration of UG Cable Increase Authorization FY 18 authorization was $250,000•Okonitecontract for underground primary electric cable from In December 2017 the Board authorized sole source purchase •BACKGROUND / HISTORY Consideration of UG Cable Increase Authorization NEW INFORMATION demandAdditional authorization of $125,000 requested to meet customer •purchased through blanket contract firstMaterial costs generally reimbursed from developers, but must be •Driven primarily by large development and Town projects•anticipatedHigher demand for materials has required larger purchases than •Consideration of UG Cable Increase AuthorizationConsiderat ion of UG Cable Increase Authorization FISCAL IMPACT for this procurement Sufficient funds exist in Board Adopted Electric Utility’s FY18 budget •Consideration of UG Cable Increase AuthorizationConsideration of UG Cable Increase Authorization RECOMMENDATION from $250,000 to $375,000Okoniteelectrical cable with for underground annual amount Authorize an increase to the •Consideration of UG Cable Increase AuthorizationConsideration of UG Cable Increase Authorization