SUBJECT/RECOMMENDATION:
Title
Authorize a purchase order to Palmdale Oil Company of Ft. Pierce, FL to provide oils and lubricants for a not to exceed amount of $225,000 for period October 1, 2020 through July 31, 2023 with one additional two-year renewal at a not to exceed amount of $150,000 at the City’s discretion, pursuant to Clearwater Code of Ordinances Section 2.564(1)(d) Cooperative Contracts and authorize the appropriate officials to execute same. (consent)
Body
SUMMARY:
In April 2020, the City of St. Petersburg, FL issued a Cooperative Bid No., IFB 7654, Oils and Lubricants in which the City was a participant along with several other local municipalities.
This cooperative agreement will allow the City to take advantage of various oils and lubricants required for the maintenance of city-wide vehicles at bulk discount pricing.
The estimated annual amount per year will be $75,000 under this contract.
APPROPRIATION CODE AND AMOUNT:
Budgeted funds for FY21 are available in cost code 5666611-550600 (Vehicle Parts)
Funding for future fiscal years will be requested within contract calendar and spending limits.