PASSED

This enacted ordinance extended through August 31, 2009 a trial program allowing the Philadelphia Facilities Management Corporation to quickly enter into contracts on behalf of the Philadelphia Gas Works for buying, storing, distributing, transporting, and transmitting natural and other gas, with services delivered through August 31, 2010. It set limits and procurement standards for these contracts and required approvals, reporting, and disclosures; the costs of the gas purchases were paid by PGW ratepayers.

Authorizing the extension of the extended trial program authorized by Bill No. 051096 under which advance approval is given to the Philadelphia Facilities Management Corporation to enter into certain contracts and transactions arising thereunder for the purchase, storage, distribution, transportation and/or transmission of natural and other gas on behalf of the Philadelphia Gas Works, subject to certain terms and conditions.