READ AND PASSED

This enacted bill authorized Philadelphia to enter agreements for fixed-rate electricity supply for City-owned and leased facilities during Fiscal Year 2015. A licensed supplier had to obtain competitive bids and buy from the lowest bidder, while the Procurement Commissioner was required to consider advice from the Philadelphia Energy Authority and file quarterly reports with City Council.

Authorizing the City of Philadelphia to enter into purchase obligations for the delivery of electric supply for use by facilities owned and leased by the City, including agreements that obligate payments for delivery of electric supply in Fiscal Year 2015, subject to certain terms and conditions.