24. (Recommended by Senior Assistant General Manager – Power System Engineering, Planning, and Technical Services) (Approved by General Manager and Chief Engineer) Approval of Agreement No. 47627 for Barren Ridge Static Synchronous Compensator with Siemens Energy, Inc., for a term of five years and an amount not to exceed $33,383,526. Determine item is in compliance with CEQA Guidelines Sections 15080 and 15164 (Environmental Impact Report adopted on September 18, 2012, and Addendum prepared).