HomeMy WebLinkAbout2001-05-14 01-216 ORDER^DUNCa ACTION
Date: May 16, 2001 Item No. 01-216
IterOubject Awardfor Annual Fuel Contracts
Responsible Department: Purchasing/Finance
Commentary:
Bids for the City's requirements for fuels will be opened May 16, 2001. In the past the contract
award(s) had to be approved by both the Finance Committee and the City Council since the wntmct
Dant exceeds $100,000.00. This procedure delays the City's ability to lock in prices for a period of
about two weeks. The oil markets have become quite volatile in recent years and we bave been unable
to make timely decisions to fix fuel prices.
The passage of this Council Order will allow the City Manager to lock in fixed fuel prices for the year's
supply 9 potentially favorable prices. Fuel will be paid for Our it is delivered.
Dep
Manager's Comments:
City Manager
Associated Information: Finance Committee Recommendation arta bid tabulation
Budget Approval:
Finance Director
Legal Approval:
City Solicitor
Introduced For:
X Passage_ First Reading_ Referral
01-216
Ae,znud to cowwihn cmvl cy Mny 14, 2001
_hp CITY OF BANGOR
(TITLE.) (DTi1Qr, AuNon ng the City Mananger to Commit City Funds and Contract for
'.... Fuels Outing Fiscul Yea Vin _ _... -..--.
By City Coaaail of tie Oily of Ban .
ORDERED,
TEAT
the City Manager is hereby authorized to execute contracts for the purchase of No.
2 Fuel Oil, Diesel Fuel and Gasoline for the Fiscal Year ending June 30, 2002.
IA CITY COMCIL
nay 14, 2001
notion to Suspeud the
Rules to Consider Council
Order l01-126
Made and Seconded
Rules Suspended
notion for passage Made
and Seconded
Passed
TY CLERK
01-216
ORDER
Title, Authorizing the City manager to
Co®i[ City Fuads and Contract for Fuels
faring the Fiscal year 2002
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Am ped to
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Councilman