Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to modify past, present and future contracts and purchase orders with Glockner Oil Company, Inc., which has been acquired by Pugh Lubricants LLC dba Cadence Petroleum Group. This ordinance authorizes the assignment of all past, present and future business done by the City of Columbus from Glockner Oil Company Inc, 31-1004796, to Pugh Lubricants LLC dba Cadence Petroleum Group, 81-4084872.
Pursuant to Section 329.09(a) of Columbus City Codes:
(1) Amount of additional funds to be expended under the modification: No additional funds are necessary to modify the option contract(s) as requested. There is no change in the type of products being procured and the original contract was formally bid. The original terms and conditions remain in effect.
(2) Why the need for additional goods or services could not be foreseen at the time the contract was initially awarded: N/A
(3) Why it would not be in the city's best interests to have the additional contract requirements awarded through other procurement processes specified in this chapter: N/A
(4) How the price for the additional goods or services which are the subject of the modification was determined: N/A
EMERGENCY DESIGNATION: The Finance and Management Department respectfully requests this legislation be considered an emergency in order to maintain an uninterrupted supply of Oils, Greases and Fluids due to Glockner Oil Company, Inc. undergoing an acquisition by Pugh Lubricants LLC dba Cadence Petroleum Group.
FISCAL IMPACT: No additional funding is required to modify the option contract. The Department of Finance and Management must set aside their own funding for their estimated expenditures.
Title
To authorize the Finance and Management Director to modify past, present and future contract(s) and purchase orders from Glockner Oil Company, Inc. Pugh Lubricants LLC dba to Cadence Petroleum Group; and to declare an emerge...
Click here for full text