The contract is for the supply of road oil for the 2019 construction season in Miami County, Kansas. The contract was awarded through a competitive bidding process, with two vendors submitting bids. The contract includes the supply of different types of road oil, including RS-1H, SS-1H, MC-250, and MC-3000. The contract also includes a demurrage rate for late delivery. The key information about this contract includes the types and quantities of road oil to be supplied, the prices per gallon, and the total prices for each type of oil.
• The contract includes the supply of 200,000 gallons of RS-1H oil, 11,000 gallons of SS-1H oil, 6,000 gallons of MC-250 oil, and 6,000 gallons of MC-3000 oil.
• The prices per gallon for each type of oil are $1.79 for RS-1H, $1.94 for SS-1H, $2.56 for MC-250, and $2.44 for MC-3000.
• The total prices for each type of oil are $358,000 for RS-1H, $21,340 for SS-1H, $15,360 for MC-250, and $14,640 for MC-3000.
• The demurrage rate for late delivery is $75 per hour after 2 hours.