Explanation
BACKGROUND: For the option to purchase Jet Aviation Fuel for the Division of Police. This commodity price is based on the Oil Price Information Service (OPIS) as of 10/27/08, plus a markup for delivery and is good for the term of the contract. The term of the proposed option contract would be two (2) years through April 30, 2011 with the right to extend for two years. The Purchasing Office opened formal bids on November 13, 2008.
The Purchasing Office advertised and solicited competitive bids in accordance with Section 329.06 (Solicitation No. SA003093). Five (5) bids were solicited. One (1) bid was received.
The Purchasing Office is recommending award of contract to the lowest, responsive, responsible and best bidder:
Arrow Energy, Inc. / CC#382872167 (Expires 2-6-09)
Total Estimated Annual Expenditure of $345,000.00
This company is not debarred according to the Federal Excluded Parties Listing or the State Auditor's Findings For Recovery Database.
This ordinance is being submitted as an emergency because, without emergency action, no less than 37 days will be added to this procurement cycle and the efficient delivery of valuable public services will be slowed.
FISCAL IMPACT: Funding to establish this option contract is budgeted in the Purchasing UTC Contract Account. Division of Police will be required to obtain approval to expend from their appropriations for their estimated annual expenditures.
Title
To authorize and direct the Finance and Management Director to enter into contract for the option to purchase Jet Aviation Fuel with Arrow Energy, Inc. to authorize the appropriation and expenditure of one (1) dollar to establish the contract from the Purchasing UTC Account; and to declare an emergency. ($1.00).
Body
WHEREAS, the Purchasing Office advertised and solicited formal bids on November 13, 2008 and selected the lowest, responsive, responsible and best bid; and
WHEREAS, this ordinance address...
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