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~ST FOR CITY COUNCIL AGEN~ITEM <br />Agenda Date Requested: August 10, 1992 <br />Requested By: S ille~t Department: Public Works <br />XXX Report <br />Resolution <br />Ordinance <br />Exhibits: 1. Bid recap Sealed Bids #0495 - Oils and Lubricants <br />SUMMARY & RECOMMENDATION <br />Advertised, sealed bids #0495 for the annual supply of oils and lubricants <br />were opened and read on July 20, 1992. Bid requests were mailed to sixteen <br />t16) dealers with seven (7) returning bids and two (2) no bids. <br />Overall low bid meeting specifications was submitted by Jones Oil Company. <br />Using estimated yearly quantities, value of this contract would be <br />$11,377.12. This is a 4o increase over last year's bid. <br />Staff recommends award of the contract for the annual supply of oils and <br />lubricants to Jones Oil Company, overall low bidder meeting specifications. <br />Funds for purchases from this contract are located in the Equipment <br />Services Division Annual Operating Budget. <br />Action Required by Council: <br />Award bid for the annual supply of oils and lubricants as <br />recommended by Staff. <br />Availability of Funds: <br />General Fund Water/Wastewater <br />Capital Improvement General Revenue Sharing <br />XXX Other Equipment Services Division Operating Budget <br />Account Number: Various Funds Available: ~_YES NO <br />8 ~ <br />Rob T. Herrera DA E <br />Ci anager <br />