HomeMy WebLinkAbout1997-06-23 97-300 ORDER^OUNCO. AMON
Daze: June 23, 1997 Item No. 91-300
IteMSubject: Annual Fuel Contracts
Responsible Department: Purchasing/Fiswme
Commendy
Again the year the City requested a toed price option for Nc.2 Fuel Ul in which the pricewould remain
firm for Use more year.
We received three fixed price bids then guasamee a fixed price for the entire year. C N. Broom was the
low responsive bidder for No, 2 fbel oil, gasoline, diesel and kerosene. The fixed price for the year was
based on fuel oil futures prices at the Mercamde Exchange for (Novanber 1997 through April 1998
contracts). The price is established by avareging the cost ofeighteen(18)November-April futures
contract& plus a fixed amount of $0.0116/gai The total toed price for the yea will be $0.6546 for No. 2
fuel oil.
Sprague Energy was the competitive bidder at $0.5189 for No. 5 and $0.4119 for No. 6 fuel oil.
This bid request was comofidated with the City of Erevan.
DW
nee
Manager's Comments.
City Manager
Associated Isdormation: Bid Tabulation
Budges Approval: Various Funds and Accounts
Finance Director
Lepel Approval: &Ak'?�-
Coficitor
hnroduced For
Passage First Reading Refined
97-300
Mipwd to Couurilu Woodcock June 23, 1997
CITY OF BANGOR
(TITLE) WrbeYa-. MthonzinB Award ofAvmaal Fuel Comract
By see My Council of Ole My ofBanaor.
ORDEMu��t Awards are hereby authorized to the following wmpa7des for the fuels as noted
belor�-Al1 awards are made on the basis of the low responsive bid received for the add-on for
each product.
1. No. 2 Fuel Oil: accept fed price option Is from CN. Brown at $0.6546' gal.
2. No. 2 Fuel OR, General Assistance: C.N. Brown at $0.6546* gal.
3. No. 1 Diesel: C.N. Brown at $0.6499 gal.
4. No. 2 Diesel: C.N Brown at $0.6499 gel.
5. Kerosedw: CA Broom at.$O M2 gal.
6. Kerosene, General Assistance: C.N. Brown at $0.7372 gal.
7. Gasoline 870gane: C.N Brown m $0 6899ga1.
8. Gasoline 990utane: CN Brown a SOM50 gal.
9. Gasoline 93 Ockme: C.N. Brown 9 $0 7919 gal.
10. No. 5 Fuel Oil'. Sprague Energy at $0.5189 gal.
11. No. 6 Fuel OR Sprague Effigy at $0 4119 gal.
'Firm fixed price established by New York Mercantile Exchange futures prices (November 1997 -
Apri11998contracts).
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IN CITY CWNCIL
June 23, 1997
Passed
LEAK
97-300
ORDER
Title, Autborizing Award of Annual Fuel
Contract
..................................
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