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Press Mention News-Sentinel November 22, 1997

SACE Quoted PDF clipping

TVA official awards big contract to ex-associate

In this mention

TVA's chief operating officer Joe Dickey approved a $1 million no-bid contract with a small Florida firm owned by a former Florida Power & Light colleague, with the contract eventually reaching $5 million over six years. Stephen Smith of the Tennessee Valley Energy Reform Coalition criticized the arrangement as lacking competitive bidding and appearing to show cronyism, arguing TVA should follow standard procurement practices.

TVA should be competitively bidding contracts because it is the only way to insure that you are getting the best possible price

Stephen A. Smith

Original clipping