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  5. ›WEX Fleet Fuel Cards

Awarded contract·Collin County, TX·Texas

WEX Fleet Fuel Cards

Won by WEX Inc.$2MSingle Award
Contract source

Awarded vendors

  • WEX Inc.

Description

This contract is for fleet fuel card services provided by WEX Inc. to Collin County, TX. The contract includes terms for payment, account setup, and information sharing. The contract also mentions the possibility of renewal after the end date. Key aspects of the contract include: • The contract is for a term of 4 years, with the possibility of renewal after the end date. • The contract includes terms for payment, including timely payment of all charges and fees. • The contract mentions the possibility of suspension or cancellation of the account if payment is not made on time. • The contract includes terms for information sharing, including the disclosure of transaction information to Sourcewell accepting merchants. • The contract requires compliance with federal law, including the obtainment and verification of identifying information for the participating entity.

Attached files

Key dates

Starts
7/12/2021
Ends
9/7/2025Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
454310
Solicitation №
2021-313

Contract value

$2,000,000

The contract value is not explicitly stated in the document. However, based on the average monthly fuel expenditures of $43,000, the total contract value can be estimated to be around $2 million over the 4-year term, assuming an average annual expenditure of $516,000. This estimate may not be entirely accurate, as it does not account for potential fluctuations in fuel prices or other expenses.

AI estimate from the award documents

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