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Meeting Date:
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6/7/2021 - 6:00 PM
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Category:
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Business Services
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Type:
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Action
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Subject:
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Accept and approve the RENEWAL agreement between Broken Arrow Public Schools and Constellation/Exelon Company for FY 2022 as a 3rd party supplier of natural gas. C. Metevelis
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Enclosure
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Agreement
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File Attachment:
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Summary:
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Constellation/Exelong is a third-party vendor from which the district, as a non-residential customer, may purchase natural gas at a cheaper rate (wholesale) than would otherwise be obtained if purchased from the Oklahoma Natural Gas utility. This agreement allows Constellation/Exelon to purchase natural gas on behalf of BAPS in real time at the lowest price. The district's natural gas usage is monitored to assure that the correct quantities are being purchased. Natural gas is purchased based on the index price published in the FERC Gas Market report. The index adder has not changed for several years and remains at 0.0350.
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Funding:
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Building Fund
ESSR Funds
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Recommendation:
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Approve
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Approvals:
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Recommended By:
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Signed By:
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Debbie Hill - Board Clerk
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Signed By:
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Natalie Eneff - Chief Financial Officer
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Signed By:
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Janet Vinson - Superintendent
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Vote Results:
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| Original Motion | | Member Jerry Denton Moved, Member John Cockrell seconded to approve the Original motion 'Approve'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Jerry Denton | Yes | | Steve Allen | Yes | | Steve Majors | Yes | | John Cockrell | Yes | | Brandy Roulet | Yes | |
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