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Awarded contract·County of Orange·California

Fuel

Won by Pinnacle Petroleum, Inc.$15MSingle Award
Contract source

Awarded vendors

  • Pinnacle Petroleum, Inc.

Description

This contract is for the provision of unleaded fuel and related supplies and services to the County of Orange. The contract has a term of five years, from July 1, 2021 to June 30, 2026. The contract includes provisions for pricing, payment, and performance, as well as requirements for insurance, security, and confidentiality. The contract also includes a scope of work and a payment schedule. The key aspects of this contract include the provision of fuel and related supplies and services, the term and pricing of the contract, and the requirements for performance and payment. • The contract is for the provision of unleaded fuel and related supplies and services. • The contract has a term of five years. • The contract includes provisions for pricing, payment, and performance. • The contract requires the vendor to provide insurance and security. • The contract requires the vendor to maintain confidentiality. • The contract includes a scope of work and a payment schedule.

Attached files

Key dates

Starts
6/30/2021
Ends
6/29/2026
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
424710
Solicitation №
RCA01721010021

Contract value

$15,000,000

The value of this contract can be estimated based on the pricing structure outlined in the contract. The contract includes a pricing formula that is based on the daily unbranded average price published in the OPIS PAD District 5 Report for the Los Angeles, California Area, plus the contractor's quoted adjustment/differential. The contract also includes additional fees for services such as urgent delivery and emergency declared events. Based on the pricing structure, it is estimated that the contract value will be approximately $10 million to $20 million over the five-year term of the contract. This estimate is based on an assumed annual consumption of 1 million gallons of fuel, with an average price of $3.00 per gallon, and additional fees for services. However, the actual value of the contract may vary depending on the actual consumption of fuel and the prices paid over the term of the contract.

AI estimate from the award documents

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