Title
Resolution - Approval of 2025-2029 Engineering Master Service Agreements and Approval of Aggregation of Authorization for 2020-2024 Engineering Master Service Agreements - P Lochte
Other Info
Submitted By: Nathan Fulmer
Department: Engineering/Chief Operations - Distribution
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
The Cooperative issued a request for qualifications to provide for a selection pool of qualified consultants to complete a variety of engineering services on an as-needed basis for a period of five (5) years from 2025 through 2029. The selection of the approved consultants will be based on a review of qualifications, references, and previous PEC experience. The amounts approved over this period will be included annually in the Capital and Operating Budgets.
In August 2019, the Board approved amounts for engineering master service agreements for a period of five (5) years through 2024 with distribution engineering services allocated with $50 million and transmission/substation engineering services allocated with $25 million. A request to aggregate the 2019 approval amounts to $75 million for both distribution engineering services and transmission/substation engineering services is to be considered.
Body
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative approve master service agreements for a period of five years through 2029 with each engineering consultant for the transmission and substation and distribution systems as selected in amounts approved in the annual Capital and Operating Budgets in the categories and accounts referenced; and
BE IT FURTHER RESOLVED that the Cooperative approve an aggregation of the 2019 approval amounts for the engineering master services for distribution engineering services and transmission/substation engineering services in the amount of $75 million; and
BE IT FURTHER RESOLVED that the Chief Executive Officer or designee is authorized to take all such actions as needed to implement this resolution.