This contract is for the provision of methanol and glycerin 70% to Pinellas County and the City of Oldsmar. The contract has a term of 60 months and includes provisions for price adjustments. The estimated average annual expenditure for the county is $709,550.00. The contract was awarded to Polydyne, Inc. for reclaimed methanol and Colonial Chemical Solutions, Inc. for virgin methanol. Key points to consider include:
• The contract replaces an expiring contract for methanol and glycerin.
• The pricing for glycerin was deemed exorbitant and was not selected as part of the award.
• The contract includes provisions for price adjustments at 12-month intervals.
• The City of Oldsmar is a cooperative participant in the contract and is responsible for its own award and funding.