This contract awards the City of Vineland the supply, factory‑acceptance testing, shipment, and delivery of a new power transformer for the West Substation of the municipal electric utility. Virginia Transformer Corporation will provide the transformer, associated core and coil accessories, and optional extended warranties, with payment tied to defined milestones (order acceptance, drawing submission, shipment/FAT, and delivery). The contract is firm‑fixed‑price with a ceiling of $3,797,800 and includes detailed provisions for warranties, rescheduling, termination, and indemnification under New Jersey law.
• Scope: Manufacture, test, and deliver a single high‑capacity power transformer (core, coil, accessories).
• Value: Maximum contract price $3,797,800, paid in four milestone‑based installments (30 %‑30 %‑30 %‑10 %).
• Timeline: Bids received May 14 2025; award resolution June 17 2025; contract executed June 18 2025; delivery notice required 24 hours in advance.
• Warranty: Standard 5‑year warranty with optional extended core‑and‑coil or bumper‑to‑bumper coverage requiring annual DGA reporting.
• Legal/Compliance: New Jersey public contract statutes, insurance limits, indemnification caps, and strict cancellation/termination fee structure.