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Exhibit 2 - Quote Dallas Service Center 2425 E. Pioneer Dr., Irving, TX 75061 Office (972) 793-5523 PROPOSAL PREPARED FOR: John Dillard City of Denton - Lake Lewisville Water Treatment Plant PROJECT NAME: City of Denton LLWTP - 2500 KVA Transformer Replacement SHERMCO QUOTE NUMBER: SIQ-00010142-25 APPROVED BY: Lee Dawkins May 14, 2025 Page 1 One Line. One Company. May 14, 2025 John Dillard City of Denton - Lake Lewisville Water Treatment Plant 1701-B Spencer Road Denton, Texas, 76249 Re: City of Denton LLWTP - 2500 KVA Transformer Replacement SHERMCO Quote # SIQ-00010142-25 Shermco Industries is pleased to offer this proposal for the scope of work listed below: FIXED PRICE ................................................................................................................. $147,500.00 Payment terms net 30 days from the date of the invoice. Pricing does not include any applicable taxes, permits and licensing fees. All sales subject to Shermco Industries, Inc. standard terms and conditions dated 9-14-2023. All freight will be prepaid and added to the invoice. EQUIPMENT Qty: 1 ea. 3-Phase Padmount Transformer Remanufactured 2500 kVA 3-Ph Padmount Transformer High Voltage: 13200 GY 7620, 95 kV BIL Low Voltage: 2400 D, 30 kV BIL Taps: 13860, 13530, 13200, 12870, 12540 HV Bushings: (3) 200A Wells & Inserts (dead front, radial feed) LV Bushings: (4) 2-Hole Spades (common H0/X0) Fluid: Mineral Oil Frequency: 60 Hz Temperature Rise: 65°C Cooling Class: ONAN Conductor: Al / Al Features & Accessories: Pressure Relief Valve WORKSCOPE Shermco will provide NETA certified technician(s) to remove existing 2500 KVA Transformer , Supply & test replacement transformer with (2) IR Windows & Dispose of existing Transformer *NOTE: Optional testing is not included in the pricing listed above.