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Finance committee approves coal contract, Springfield property purchases and expansion of online‑program vendor agreement
Summary
Trustees’ finance committee approved a 5‑year, $16 million coal procurement contract for the SIUC power plant; acquisition of two Springfield parcels for the School of Medicine for a combined $123,000 plus demolition/closing costs; and a request to increase the online program management agreement with RizePoint, including delegation of authority to add high‑demand programs.
The Finance Committee approved several procurement and real‑estate matters on Dec. 4.
Coal contract: Vice Chancellor Simmers told trustees the committee recommended awarding a five‑year contract for coal supply, coal hauling, ash disposal and ash hauling for the SIUC power plant to Knight Coal LLC (Percy, Illinois). The presenter said the five‑year contract totals $16,000,000 and was the lowest responsive bid; the committee approved the item by…
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