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  5. ›Chip Seal Road Oil

Awarded contract·City of Grand Junction·Colorado

Chip Seal Road Oil

Won by Suncor Energy (U.S.A.), Inc.$30kSingle Award
Contract source

Awarded vendors

  • Suncor Energy (U.S.A.), Inc.

Description

This contract awards the City of Grand Junction the purchase of chip‑seal road oil, a petroleum‑based material used for road surface applications. The solicitation was an Invitation for Bid (IFB‑5598‑25‑KN) and was opened on February 26 2025 at 10:00 AM. After evaluating bids, the award was granted to Suncor Energy (U.S.A.), Inc. at a unit price of $2.76, which was the lowest among the three responding vendors. The contract does not disclose total quantity or overall contract value, but it reflects a competitive, unit‑price procurement for a specific pavement material. • Scope: Supply of chip‑seal road oil (no further technical specs provided). • Competition: Three bidders submitted, award to Suncor Energy (U.S.A.), Inc. at $2.76 per unit. • Procurement method: Full and open competition via IFB with unit‑price pricing.

Attached files

Key dates

Bids closed
2/26/2025

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
424720
Solicitation №
IFB-5598-25-KN

Contract value

$30,000

The documents only provide unit prices ($2.76, $2.80, $3.24) with no indication of the total quantity required. Typical municipal road‑maintenance projects using chip‑seal oil can range from a few hundred to several thousand gallons. Assuming a moderate‑size contract for 10,000 gallons at the awarded unit price of $2.76 per gallon yields an estimated contract value of $27,600. If the quantity is larger (e.g., 15,000 gallons) the value would be about $41,400. Given the lack of concrete quantity, a conservative ballpark estimate of roughly $30,000 is reasonable. Factors influencing the estimate include the unit price, typical municipal usage volumes, and the fact that only one vendor was awarded.

AI estimate from the award documents

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