To authorize the Finance and Management Director to enter into Universal Term Contracts for the option to purchase Conductor Wire and Cable with American Wire Group LLC and Consolidated Electrical Distributors Inc.; and to authorize the expenditure of $2.00. ($2.00)

This item authorizes the Finance and Management Director to enter into Universal Term Contracts with American Wire Group LLC and Consolidated Electrical Distributors Inc. for the option to purchase Conductor Wire and Cable. The expenditure authorized is a nominal $2.00, which serves as a placeholder to establish the contracts. These contracts will allow the city to procure necessary wire and cable materials as needed in the future.