SUBJECT
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Consideration to award contract FY25-086 to the lowest responsive, responsible bidder Arguindegui Oil Co. LTD, FY25-086 in an annual amount of $97,523.50 for a total contract value of $487,617.50 to Arguindegui Oil Co. LTD, Laredo, TX for the purchase of motor oil and lubricants for the Laredo Transit Management. The term of this contract is for two (2) years beginning the date of its execution with three (3) additional one (1) year renewal periods upon mutual agreement of both parties. Funding is available in the El Metro Operations Fund.
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PREVIOUS COUNCIL ACTION
N/A
BACKGROUND
The City of Laredo - Laredo Transit Management issued out invitations for bids through Cit-E-Bid and received three (3) bids for the purchase of motor oil and lubricants. The award is given to the lowest bidder.
The following are the three bids submitted:
1. Arguindegui Oil Co. II, Ltd. From Laredo, TX - $97,523.50.
2. Hollon Oil Company from Weslaco, TX - $110,826.50.
3. Safety-Kleen Systems, Inc. from Norwell, MA - $134,000.00.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this contract in order to continue El Metro bus operations.
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Fiscal Impact
Fiscal Year: 2026
Budgeted Y/N?: Y
Source of Funds: El Metro Operations
Account #: Several accounts
Change Order: Exceeds 25% Y/N: n/a
FINANCIAL IMPACT:
Funding is available in the following accounts:
Fixed Route Oil & Lubricants 558-5811-582-6660 and
Paratransit Oil & Lubricants 558-5812-582-6660.