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.

What this record is

Amount

$488K

Runs until

September 24, 2026 already ended date calculated from a contract term stated in the record, not quoted directly

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

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