The Pennsylvania Convention Center Authority Board on Friday formalized the relationship between the management company operating the center and its longtime electrical contractor.
SMG, the West Conshohocken arena management company that now operates the center, says the new arrangement with Elliott-Lewis Corp., a 550-employee electrical, heating, and air-conditioning contractor, has the potential to save the center $1 million a year.
The contracts, renewable yearly, are worth up to $825,000 a year to the Northeast Philadelphia company. The contract combines a flat fee for services plus a variable amount, depending on business.
The savings will come, starting July 1, as SMG takes over Elliott-Lewis' role as the supplier of electrical services and electricians to convention producers who need power to light their conventions, meetings, and banquets, said Lorenz Hassenstein, the building's general manager and a SMG executive. "The profits will go to the center."