06-12-2023 BPU RPT 09 - Laserfiche WebLink

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hV A I L R ENERGY I LIFE A0- 1 RIVERSIDE PUBLIC UTILITIES kd& Board Memorandum P U B L I C U T I L I T I E S BOARD OF PUBLIC UTILITIES DATE: JUNE 12, 2023 SUBJECT: EXPENDITURES FOR ANNUAL PURCHASE ORDERS, EXISTING CONTRACT PURCHASE ORDERS, ANNUALLY RECURRING EXPENDITURES OVER $50,000 AND PURCHASE ORDERS WITH A MULTIYEAR COST OVER $50,000 FOR FISCAL YEAR 2023-24 TOTALING $49,897,639 ISSUE: Consider approving the expenditures for the listed goods and services over $50,000 as required by Section 1202(b) of the City of Riverside Charter. RECOMMENDATIONS: That the Board of Public Utilities: 1. Approve the expenditure for 14 Fiscal Year 2023-24 Annual Purchase Orders for Electric and Water operations, with an estimated amount of $3,176,918; 2. Approve the expenditure for 16 Fiscal Year 2023-24 Annual Purchase Orders for Central Stores for orders benefiting Electric and Water operations, with an estimated amount of $21,365,100; 3. Approve a not -to -exceed 30% allowance for Producer Price Index (PPI) increases for 16 Fiscal Year 2023-24 Annual Purchase Orders for Central Stores for orders benefiting Electric and Water operations; 4. Approve the expenditure for 61 Fiscal Year 2023-24 Existing Contract Purchase Orders for Fiscal Year 2023-24 with an estimated total amount of $18,898,002; 5. Approve the expenditure for 15 Fiscal Year 2023-24 Annually Recurring Expenditures for SHARE, memberships and subscription expenses that are either greater than $50,000 per year or that could over a number of years cumulatively exceed $50,000 for multi-year expenses, with an estimated total amount of $3,824,577; 6. Approve the expenditure for 64 Fiscal Year 2023-24 Purchase Orders with cumulative multiple year costs equal to or greater than $50,000 with an estimated total amount of $2,633,042; and 7. Approve the expenditure for the annual legal budget for FY 2021-2022 for the law firm of Thompson Coburn in an amount not to exceed $558,000.