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UTILITY BOARD AWARDS CONTRACT FOR FINANCIAL CONSULTING SERVICES

02/23/2017 ~ The Utility Board awarded a contract for financial consulting services to NewGen Strategies & Solutions, LLC, at their regular meeting on February 22nd.

The contract with NewGen, in the amount of $79,765, will assist Keys Energy Services (KEYS) with: providing a cost of service study, developing processes and procedures for application of overhead costs, developing processes and procedures for customer billable work, and developing processes and procedures for calculating pole attachment fees.

In other business, the Board:

- Approved a resolution honoring the Florida Municipal Electric Association (FMEA) on the occasion of their 75th anniversary. FMEA is a statewide trade association that represents the interests of Florida’s 34 public power communities, including KEYS. FMEA advocates for its members’ interests on a wide variety of state and federal issues.

- Awarded a preferred vendor contract for five vehicle leases for three bucket trucks and two digger derrick trucks (one with a winch) to Altec Capital Services, LLC in the amount of $923,748.

The regular meeting of the Utility Board took place at 5:00 p.m., Wednesday, February 22nd, in the Board Room of Keys Energy Services’ Service Building, 1001 James Street, Key West

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