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Awarded contract·Florida Atlantic University (FAU)·Florida

FAU Fuel ITN

Won by Palmdale Oil Company$495kSingle Award
Contract source

Awarded vendors

  • Palmdale Oil Company

Description

This contract is for the provision of fuel services to Florida Atlantic University (FAU). The university is seeking a vendor to provide gasoline and diesel fuel to its various campuses. The contract term is 3 years with two 3-year renewal options. The vendor will be required to provide fuel to FAU's bulk fuel storages, which will need to be re-filled on an as-needed basis. The vendor will also be responsible for spillage and cleanup, and will be required to provide certificates of insurance. The contract will be awarded based on a responsible proposer whose proposal is responsive to the ITN, demonstrates a clear understanding of the priorities, and demonstrates the capabilities to perform satisfactorily based on service and price matters. • The contract is for the provision of fuel services to FAU. • The contract term is 3 years with two 3-year renewal options. • The vendor will be required to provide fuel to FAU's bulk fuel storages. • The vendor will be responsible for spillage and cleanup. • The vendor will be required to provide certificates of insurance. • The contract will be awarded based on a responsible proposer whose proposal is responsive to the ITN.

Attached files

Key dates

Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
454311
Solicitation №
2018-ITN-0001-TK

Contract value

$495,000

The contract value is not explicitly stated, but based on the estimated annual gallons of fuel used, the contract value can be estimated. The estimated annual gallons of fuel used are: 52,000 gallons of Gasoline E10, Unleaded 87 Octane, 3,000 gallons of Diesel Fuel, Clear, Grade No. 2-D Ultra Low Sulfur, 5,000 gallons of Diesel Fuel, Red Dye Grade No. 2 Ultra Low Sulfur, and 6,000 gallons of Gasoline 90 Octane REC NON ETHANOL. Assuming an average price per gallon of $2.50, the total estimated annual contract value would be: (52,000 + 3,000 + 5,000 + 6,000) * $2.50 = $165,000. The total contract value for the 3-year term would be: $165,000 * 3 = $495,000.

AI estimate from the award documents

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