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  4. ›Gas Tax Interlocal Agreement

Awarded contract·City of Hialeah, FL·Florida

Gas Tax Interlocal Agreement

Won by Miami-Dade County$10MSingle Award
Contract source

Awarded vendors

  • Miami-Dade County

Description

The Gas Tax Interlocal Agreement is a contract between the City of Hialeah and Miami-Dade County for the collection and distribution of local option gas taxes. The agreement outlines the procedures for the collection and use of the tax proceeds, which are to be used for transportation expenditures. The contract has a term of 30 years and may be renegotiated in the event of a significant shift in regional transportation services. Key aspects of the contract include: • The tax proceeds will be used for transportation expenditures, as defined by Section 336.025(7), Florida Statutes. • The contract may be renegotiated if there is a significant shift in regional transportation services. • The City of Hialeah and Miami-Dade County will cooperate in the collection and distribution of the tax proceeds. • The contract has a term of 30 years.

Attached files

Key dates

Starts
8/22/2023
Ends
12/30/2053
Duration
30 years

Last updated

Details

Award type
Single Award
Industry
Government
NAICS
921130
Solicitation №
23-24-009

Contract value

$10,000,000

The contract value is not explicitly stated, but based on the contract description, it appears to be a revenue-sharing agreement between the City of Hialeah and Miami-Dade County. The value of the contract would depend on the amount of local option gas taxes collected and distributed under the agreement. A rough estimate of the contract value could be in the millions of dollars, considering the 30-year term and the potential revenue generated from the tax proceeds. However, without more information on the tax rates and revenue projections, it is difficult to provide a more accurate estimate.

AI estimate from the award documents

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