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Lower Hudson Valley Firm Awarded Contract by New York Power Authority in Support of Statewide Operations

Contact:
Paul DeMichele
914-390-8186
Paul.DeMichele@nypa.gov.

December 16, 2010

FOR IMMEDIATE RELEASE

WHITE PLAINS—New York Power Authority (NYPA) President Richard M. Kessel today announced that NYPA has approved several new contracts with New York State companies for carrying out various essential services undertaken by the statewide public power.

“One of the Power Authority’s key mission’s is to support economic development and job creation throughout the State of New York,” Kessel said. “NYPA does hundreds of millions of dollars a year in business with New York companies and we plan to continue that practice for years to come.”

The contracts, which will become effective on or about Jan. 1, 2011, result from competitive processes for obtaining the lowest-priced bids from qualified companies, in response to Requests for Proposals posted on the Authority’s Procurement Web site and/or notices in the New York State Contract Reporter.

The Power Authority Trustees recently authorized contracts with a number of companies, including the following New York-based firms:

NYPA has made it a priority to support the state’s economy with efforts to purchase the products and engage the services of New York State-based companies. In 2010 alone, more than $220 million in contracts have been awarded to state firms, supporting taxpaying businesses and jobs with the infusion of capital into the local economies across the state.

About NYPA:

■ The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■ Approximately 80 percent of the electricity it produces is clean renewable hydropower.  Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state. ■For more information, www.nypa.gov.

 

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