Title
Resolution - Approval of Wood Pole Contract - N Fulmer/N Swartz
Other Info
Submitted By: Nathan Fulmer
Department: Operations
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session and in the confidential term sheet.
Discussion
Pedernales Electric Cooperative, Inc. (Cooperative) requires wood poles to support maintenance and growth of its electrical distribution system. As a part of a request for proposal warehouse materials solicitation, Texas Electric Cooperatives (TEC) was selected for a three-year contract with two optional one-year extensions for its wood pole supply. TEC’s proposal was selected because it provided the best overall value based on price and non-price factors.
Body
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative is authorized to execute an agreement with TEC for the supply of wood poles for a three-year term with two optional one-year renewal terms as discussed in Executive Session; and
BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Chief Operations Officer - Distribution, or designee take all such actions as needed to implement this resolution.