8. Recommended by Power System Approval of Contract No. 402 for Medium Voltage Ethylene-Propylene Rubber Cable with Taihan Electric USA, Ltd. The Contract is for a term of one year with two one-year optional renewal periods. The total estimated expenditure is $44,332.950 for an amount not to exceed $55,416.189. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).