Fuel Price Management Products

The City of Palm Bay is seeking a fuel price management product to manage its fuel costs and risks associated with volatile diesel and unleaded fuel prices. The selected vendor will provide fuel hedging products, execute selected hedging products, and provide analysis and recommendations based on changing market conditions. The key aspects of this contract include providing current pricing on selected hedging instruments, executing selected hedging products, and providing period performance reports of the portfolio. • The City desires to manage its fuel costs and the risks associated with volatile diesel and unleaded fuel prices. • The selected vendor will provide fuel hedging products and execute selected hedging products. • The vendor will provide analysis and recommendations based on changing market conditions. • The vendor will provide period performance reports of the portfolio. • The City will appoint a key contact for approval by the vendor's project manager.