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  5. ›Fuel: Diesel & Gasoline, Unleaded

Awarded contract·Hernando County School Board·Florida

Fuel: Diesel & Gasoline, Unleaded

Won by Colonial Group +6 more$2.5MMultiple Award
Contract source

Awarded vendors

  • Colonial Group
  • James River Petroleum Company
  • Lykins Companies
  • Mansfield Oil Company
  • Palmdale Oil Company
  • Petroleum Traders Corporation
  • World Fuel Services / Papco Inc.

Description

The purpose of this invitation to bid is to establish a pool of vendors to provide and deliver fuel to the district's Transportation and Maintenance Departments. The contract is for the provision of Ultra Low Sulfur Diesel and Gasoline, Unleaded, and the vendors will be required to provide firm, fixed, net delivered pricing against the OPIS rack average Tampa Pad 1 Terminal Cost per Gallon. The bid was due on September 11, 2019, at 1:30 pm, and seven vendors were awarded the contract. • The contract is for the provision of fuel to the district's Transportation and Maintenance Departments. • The vendors will be required to provide firm, fixed, net delivered pricing against the OPIS rack average Tampa Pad 1 Terminal Cost per Gallon. • The bid was due on September 11, 2019, at 1:30 pm. • Seven vendors were awarded the contract. • The contract is for the provision of Ultra Low Sulfur Diesel and Gasoline, Unleaded.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
424710
Solicitation №
20-405-13 RA

Contract value

$2,500,000

The value of the contract cannot be determined with certainty, as the documents do not provide a clear estimate of the total cost. However, based on the fact that the contract is for the provision of fuel to the district's Transportation and Maintenance Departments, it is likely that the value will be significant. The contract requires the vendors to provide firm, fixed, net delivered pricing against the OPIS rack average Tampa Pad 1 Terminal Cost per Gallon, which suggests that the value will be tied to the market price of fuel. Assuming an average annual consumption of 1 million gallons of fuel, and an average price of $2.50 per gallon, the total value of the contract could be in the range of $2.5 million to $5 million per year, depending on the actual consumption and market prices.

AI estimate from the award documents

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