July (pdf) - New York Power Authority

July 26, 2011
14. Department Procedure Requiring Trustee Approval of
Competitive Solicitations for Power Supply Products
SUMMARY
The President and Chief Executive Officer submitted the following report:
“The Trustees are requested to authorize the adoption of a new Department Procedure entitled ‘Competitive
Solicitations for Power Supply Products’ (the ‘Procedure’), and attached as Exhibit ‘14-A,’ establishing a
requirement for Trustee approval prior to the issuance of competitive solicitations for purchases of energy, capacity,
ancillary services and Environmental Attributes (‘Power Supply Products’). The Procedure will be adopted by the
Power Resource Planning and Acquisition Business Unit and applicable to all Business Units in the Authority.
DISCUSSION
“Authority staff conducts competitive solicitations for Power Supply Products through the issuance of
requests for proposals and other methods to solicit industry information to inform a potential initiative, to award,
negotiate and execute purchase agreements. In addition to awarding purchase agreements, these competitive
solicitations have the effect of signaling energy market participants of the Authority’s procurement plans and policy
positions. Through this Procedure, the Trustees establish approval authority of proposed power supply acquisition
efforts prior to the initiation of competitive solicitations.
FISCAL INFORMATION
“There is no fiscal impact associated with implementing the Procedure.
RECOMMENDATION
“The Senior Vice President – Power Resource Planning and Acquisition recommends that the Trustees
authorize the adoption of this Procedure.
“For the reasons stated, I recommend the approval of the above-requested action by adoption of a
resolution in the form of the attached draft resolution.”
The following resolution, as submitted by the President and Chief Executive Officer, was unanimously
adopted.
RESOLVED, that the Trustees hereby authorize the adoption
by the Senior Vice President – Power Resource Planning and
Acquisition of the Procedure for “Competitive Solicitations for Power
Supply Products” as described in the foregoing report of the President
and Chief Executive Officer and as attached to this Resolution; and be
it further
RESOLVED, That the Chairman, the Vice Chairman, the
President and Chief Executive Officer, the Chief Operating Officer and
all other officers of the Authority are, and each of them hereby is,
authorized on behalf of the Authority to do any and all things and take
any and all actions and execute and deliver any and all certificates,
agreements and other documents to effectuate the foregoing resolution,
subject to the approval of the form thereof by the Acting General
Counsel.
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