[Watchdogs] Fw: More payments to Texas Electric Coop, why?

[Paul Langston]

----- Original Message ----- 
From: Paul Langston 
To: Lana Freudenberg ; 'Larry Landaker' ; rbsloan.ceo at peci.com ; Ernest Altgelt ; Paul Langston 
Sent: Friday, March 18, 2011 11:04 AM
Subject: More payments to Texas Electric Coop, why?





Dear Lana:  Looking at the Agenda for the Board Meeting of Monday, Feb. 21, 2011, I see much activity in the list of +10,000 Dollar Invoices to Texas Electric Coop.

I wonder, at times do they own us?

Packet Page 182, Object 131, Pay to TEC Utility & Service
$346,622.00.

Packet Page 183, Object 454, Materials Inventory-stocked,
TEC Utility $337,789.30.
              Page 183, Object 454, Materials Inventory-stocked
 Texas Electrical Cooperatives in,   $113,294.60.

Lana, that is about $797,705,  more than you buy from any other provider.  Can I have some assurance that these supplies are being bought on a BID-Basis ?

I know it is not smart to only have only one provider of your basic Capital Investments.  

Regards,   Paul Langston  830-598-1322  


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