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24-0896

Consideration to award contract FY24-061 to the bidder Arguindegui Oil, Laredo, Texas, in an annual amount up to $5,600,000.00 for the purchase of unleaded and diesel fuel for the City’s automotive fleet. Contract unit price will be determined by the daily published Oil Price Information Service (OPIS) index made up of the composite posted prices in the Laredo area. The term of this contract shall be for a period of two years beginning as of the date of its execution and is contingent upon the availability of appropriated funds. The contract may be extended for three more, additional one-year periods, each upon mutual agreement of the parties. Funding is available in the Fleet Management Fund.

Consent Agenda Agenda Ready Introduced April 19, 2024

What this record is

Amount
$5.60M
Runs until
April 19, 2026 already ended date calculated from a contract term stated in the record, not quoted directly
Type
award
Field
Vehicles & equipment

vehicles & equipment contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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

Committee
City Council
Requested by
Fleet Management
Introduced
April 19, 2024
On agenda
May 6, 2024

Where it was heard

City Council May 6, 2024

Watch what Laredo buys

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