John Thomas, executive vice president and Chief Financial Officer with the Tennessee Valley Authority, discussed a variety of issues when he visited with the Board of Directors at Jackson Energy Authority, Thursday.
“We talked to the Board about the partnership we have with Jackson Energy Authority in the Tennessee Valley, the economy, commodities – which is a large part of the bill the customers pay and what TVA has been doing over the last six years to provide for low-cost, high-reliability … things we’re doing to make sure rates are as low as they can possibly be in the Tennessee Valley.”
Thomas called the partnership TVA has with JEA ‘tremendous.’
“We really appreciate the support and partnership with JEA,” Thomas said, “We’ve worked together on a lot of economic development projects of which the Jackson area has done quite well in this economy with its industrial customers (and) also in terms of what we’re doing to make sure that adjustments TVA needs to make that helps them them better serve their customers that we take action on.”
JEA Board approves four resolutions
- The Board authorized a contract with Stuart C. Irby of Jackson, based on their low bid of $146,270 for the purchase of nine 65-foot, twenty-nine, 70-foot, six, 75-foot, and one, 80-foot weathered steel transmission poles.
- The Board authorized payment to Philadelphia Gear of Hueytown, Ala., in the amount of $49,995 and payment to Xylem Dewatering Solutions, Inc., of Memphis in the amount of $56,996.50.
- The Board authorized a contract with Insituform Technologies, LLC, Chesterfield, Missouri, to install approximately 1,360 feet of 12-inch and 900 feet of eight-inch Cured In Place Pipe (CIPP) and services based on their low bid of $183,707.75, including the allowance for contract amendments of in the amount of $15,000.
- The Board also approved the contract with Loomis for armored courier and SafePoint services. The first year will include payments of $38,887.68 – plus fees. This amount will increase based on CPI in the second and third year of the contract.
(PHOTO: John Thomas, executive vice president & Chief Financial Officer with the Tennessee Valley Authority, right, and Mike Montgomery, TVA Customer Service Manager, Jackson)
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