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Awarded contract·Department of Administration and Information·Wyoming

As-Needed Oil

Won by Ellenbecker Oil, Inc. +1 more$1MMultiple Award
Contract source

Awarded vendors

  • Ellenbecker Oil, Inc.
  • Homax Oil Sales

Description

The State of Wyoming's Department of Administration and Information, Purchasing Section, issued an Invitation for Bid (IFB) for as-needed oil. The contract involves the supply of 5W30 Motor Oil and 5W20 Synthetic Blend at specified prices per gallon. Bids were due on May 23, 2018. The contract was awarded to Ellenbecker Oil, Inc. and Homax Oil Sales. Key points to consider for similarity to other contracts include the type of products being procured, the procurement process, and the pricing structure. • The contract is for the supply of oil products. • The procurement process is through an Invitation for Bid. • The pricing is based on a per-gallon rate for each type of oil. • The contract was awarded to two vendors, indicating a possible split of the contract based on geographical locations or product types.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
424710
Solicitation №
0403-C

Contract value

$1,000,000

To estimate the contract value, we need to consider the prices per gallon for each type of oil and the potential volume of oil to be purchased. Given the prices of $5.04/gallon for 5W30 Motor Oil and $5.02/gallon for 5W20 Synthetic Blend, and assuming an average annual consumption, the total contract value could range widely depending on the volume of oil purchased. Without specific volume data, a precise estimate is challenging. However, if we assume a modest annual consumption of 100,000 gallons (a rough estimate for a state's needs across various departments), the total value for one type of oil would be approximately $504,000 (100,000 gallons * $5.04/gallon). Considering both types of oil and potential higher consumption, the contract could be worth over $1 million.

AI estimate from the award documents

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