Civic IQ
UTILITIESAPPROVED

Stockton University Board of Trustees Meeting Agenda May 7 2026

Atlantic City Electric awarded $13.2M utility contract

FY27-FY31: $13,200,000Stockton UniversityATLANTIC CITY ELECTRICMay 4, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
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Description

Stockton’s Board authorized a five-year, $13.2 million bid waiver contract with Atlantic City Electric for electric utility service across its campuses and instructional sites. The agreement covers infrastructure use and power delivery through FY31.

Contract Details

Contract Amount

FY27-FY31: $13,200,000

Vendor

ATLANTIC CITY ELECTRIC

Agency

Stockton University, NJ

Contract Type

UTILITIES

Document Date

May 4, 2026

Contract Term

FY27–FY31 (5 years)

Renewal Date

2031-06-30

Renewal Info

Utility services covered for FY27–FY31; no additional renewal options specified.

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