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File #: WRAFIN 25-068    Name: TCB Industrial Inc. - FIN
Type: WRA FInance Item Status: Agenda Ready
File created: 8/28/2025 In control: Water Resources Agency Finance Committee
On agenda: 9/5/2025 Final action:
Title: Consider recommending that the Board of Directors approve Amendment No. 2 to the Agreement for Services with TCB Industrial, Inc., (TCB), to increase the dollar amount by $275,000 for a total contract amount not-to-exceed $640,000 to provide maintenance and repair services for the Nacimiento Dam Hydroelectric Power Plant; and authorize the General Manager to execute Amendment No. 2. (Presenter: Manuel Saavedra)
Attachments: 1. Board Report, 2. Original Agreement for Services, 3. Amendment No.1, 4. Amendment No. 2
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Title
Consider recommending that the Board of Directors approve Amendment No. 2 to the Agreement for Services with TCB Industrial, Inc., (TCB), to increase the dollar amount by $275,000 for a total contract amount not-to-exceed $640,000 to provide maintenance and repair services for the Nacimiento Dam Hydroelectric Power Plant; and authorize the General Manager to execute Amendment No. 2. (Presenter: Manuel Saavedra)
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Finance Committee:

Consider recommending that the Board of Directors approve Amendment No. 2 to the Agreement for Services with TCB Industrial, Inc., (TCB), to increase the dollar amount by $275,000 for a total contract amount not-to-exceed $640,000 to provide maintenance and repair services for the Nacimiento Dam Hydroelectric Power Plant; and authorize the General Manager to execute Amendment No. 2.

SUMMARY/DISCUSSION:
On April 25, 2024, the Monterey County Water Resources Agency (Agency) entered into a three-year term Agreement for Services (Agreement) with TCB in the amount of $100,000 to partial pay some of the costs to refurbish Unit 2 and to provide other as-needed repair services.

In September 2024, the Board of Directors approved Amendment No.1 to increase the amount payable by $265,000 to a not-to-exceed total of $365,000 to complete the overhaul of the generator and turbine for Unit 2.

The purpose of Amendment No. 2 is to increase the agreement amount by $275,00 to allow payment for the replacement of the power plant’s coiling coils (coils) which have reached end of operational life conditions and to perform overdue preventive maintenance (PM) on Unit 1, and to provide funding for other as-needed maintenance and repair services for the power plant. The Agency has received from TCB price quotes to remove and re-install the coils for approximately $48,000 and $205,000 to perform the PM on Unit 1.

OTHER AGENCY INVOLVEMENT:
None.

FINANCING:
Ame...

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