Renewal entered into with:
Vendor: Progressive Propane, Philo, IL
Amount: An estimated $35,000
Renewal: 4th of 4, 7/1/2008 through 6/30/2009
Pricing Changes: 2% increase in differential
Service/Product Changes: None
Comments: Based on a continuing need, the availability of funds, and a comparison with the CPI, the University believes it is in its best interest to accept the renewal option.
The University award process may be delayed up to thirty days as this award goes through a state approval process.