26-974
Consideration to renew contract FY24-061 with Arguindegui Oil, Laredo, Texas, in an annual amount up to $5,600,000.00 and $11,200,000.00 for the remainder of the contract term 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 one year beginning as of the date of its execution and is contingent upon the availability of appropriated funds. The contract may be extended for two additional one-year periods, each upon mutual agreement of the parties. Funding is available in the Fleet Management Fund.
What this record is
- Amount
- $11.2M
- Runs until
- no end date published in this record
- Type
- purchase
- Field
- Vehicles & equipment
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Fleet Management
- Introduced
- May 8, 2026
- On agenda
- May 18, 2026