Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to modify past outstanding, present and future contracts and purchase orders with Gladieux Trading & Marketing Company LP. Gladieux Trading & Marketing Company LP has undergone an internal reorganization. This ordinance authorizes the assignment of all past outstanding, present and future business done by the City of Columbus from Gladieux Trading & Marketing Company LP, 35-1694511 to Sunoco, LLC dba Gladieux Energy, 46-4151222.
No additional funds are necessary to modify the option contract 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.
EMERGENCY DESIGNATION: The Finance and Management Department respectfully requests this legislation be considered an emergency in order to maintain an uninterrupted supply of Unleaded Fuel.
FISCAL IMPACT: No additional funding is required to modify the option contract. The Department of Management and Budget must set aside their own funding for their estimated expenditures.
Title
To authorize the Finance and Management Director to modify past outstanding, present and future contract and purchase orders from Gladieux Trading & Marketing Company LP to Sunoco, LLC dba Gladieux Energy and to declare an emergency.
Body
WHEREAS, the Finance and Management Department, Purchasing Office has an option contract and open purchase orders for Unleaded Fuel for use citywide; and,
WHEREAS, Gladieux Trading & Marketing Company LP has underwent an internal reorganization to Sunoco, LLC dba Gladieux Energy and in addition to notifying the City, Sunoco, LLC dba Gladieux Energy has agreed to honor the past outstanding, present and future contracts and agreements; and,
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management that in order to maintain an uninterrupted supply o...
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