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2025-RT-47

Consideration to award contract FY25-086 to the lowest responsive, responsible bidder Arguindegui Oil Co. LTD, FY25-086 in an annual amount of $97,523.50 for a total contract value of $487,617.50 to Arguindegui Oil Co. LTD, Laredo, TX for the purchase of motor oil and lubricants for the Laredo Transit Management. The term of this contract is for two (2) years beginning the date of its execution with three (3) additional one (1) year renewal periods upon mutual agreement of both parties. Funding is available in the El Metro Operations Fund.

Laredo Mass Transit Board Agenda Ready Introduced September 24, 2025

What this record is

Amount
$488K
Runs until
September 24, 2026 24 days — goes back out to bid calculated from the contract term stated in the record
Type
award

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Requested by
Transit
Introduced
September 24, 2025
On agenda
October 20, 2025

Where it was heard

City Council Oct 20, 2025