A 24-516
a. Approve and authorize the Contracts/Purchasing Officer or Contracts/Purchasing Supervisor to execute Amendment No. 1 to Standard Agreement with Toro Petroleum Corporation, dba Toro Petroleum Corp., to increase the not to exceed amount by $5,000,000 for a total not to exceed amount of $8,000,000 with no extension to the term from October 31, 2022 to October 17, 2027; and b. Authorize the Contracts/Purchasing Officer or their designee to execute, subject to prior review and approval as to form by the Office of the County Counsel-Risk Management, and review of fiscal provisions by the Auditor Controller's Office, up to three (3) additional amendments to Standard Agreement A-16073, where the additional costs of the Amendments in aggregate does not exceed 10 percent (10% or $300,000) of the original Agreement amount of $3,000,000 bringing the total potential overall Agreement aggregate not to exceed amount to $8,300,000 even if no additional Agreements are entered into.
What this record is
- Held by
- Toro Petroleum Corporation
- Amount
- $3.00M
- Runs until
- no end date published in this record
- Type
- amendment
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Board of Supervisors
- Requested by
- Public Works, Facilities and Parks
- Introduced
- October 25, 2024
- On agenda
- November 12, 2024