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Board hears lower-cost transformer bid, backup-generation RFP awarded to Black & Veatch
Summary
Staff reported selecting K P Electric (South Korea) for an emergency transformer at roughly $400,000 with 18–20 week delivery and said Black & Veatch won the city's backup generation RFP; staff also said a cost-of-service study with Black & Veatch will come back to the board in June.
An IPL staff presenter told the Public Utility Advisory Board that, following an emergency procurement, the city selected K P Electric (based in South Korea) to supply a needed transformer at an estimated price of $400,000 and a delivery window of about 18–20 weeks — roughly half the cost quoted by a prior…
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