City Council

20. 23-0193 Recommendation to adopt Specifications No. ITB FM 23-183 and award contracts to Merrimac Petroleum dba Merrimac Energy Group of Long Beach, CA, Falcon Fuels, Inc., of Paramount, CA, and Pinnacle Petroleum Inc., of Huntington Beach, CA, for the purchase and delivery of petroleum fuels, in an annual aggregate amount of $4,500,000, and authorize a 15 percent contingency of $675,000, for a total annual aggregate amount not to exceed $5,175,000, for a period of two years, with the option to renew for three additional one-year periods, at the discretion of the City Manager; and, authorize City Manager, or designee, to execute all documents necessary to enter into contracts, including any necessary subsequent amendments; and Increase appropriation in the Fleet Services Fund Group in the Financial Management Department by $907,000, offset by funds available generated by revenue collected from user departments through the Fleet Memorandum of Understanding (MOU). (Citywide) Office or Department: FINANCIAL MANAGEMENT Suggested Action: Approve recommendation.