| Summary |
Affiliated Interest Agreement between Pacific Power & Light Company and Marmon Utility, LLC d/b/a Hendrix Aerial Cable Systems reflecting the periodic use of materials for system reliability projects. PacifiCorp intends to purchase materials from Marmon Utility for their distribution systems. PacifiCorp's parent company is owned by Berkshire Hathaway, which also owns a majority stake in Marmon Utility’s parent company. PacifiCorp reports that it "conducted a formal bid process for spacer cables systems and selected Marmon Utility after it was the sole company able to perform against the required spacer cable scope of work." Pacific Power expects the contract will be worth $3 million over 3 years. |
