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HomeMy WebLinkAbout3/19/2008 - STAFF REPORTS - 2.I. F pALM S,p �p �2 City Council Staff Report DATE: MARCH 19, 2008 CONSENT CALENDAR SUBJECT: APPROVE COOPERATIVE PURCHASE OF THE CITY'S BULK GASOLINE AND DIESEL FUEL COMMODITY REQUIREMENTS FROM: David H. Ready, City Manager BY: Assistant City Manager-- Administrative Services SUMMARY Due to the relatively small volume of fuel that is purchased, the City benefits by participating in the bulk fuel contract of a much larger agency. The City has participated in the County of Riverside's bulk fuel contract since 2004. The County recently conducted a new formal bid process for a bulk fuel contract that included all of the County fuel requirements, as well as the fuel requirements of nine cities in the county, including Palm Springs. The County's formal bid process resulted in a contract awarded to two vendors; Downs Commercial Fueling of Corona, CA and The SoCo Group Inc. of Perris, CA. The SoCo Group Inc. is the vendor for this region of the County. RECOMMENDATION, That City Council approve the issuance of an annual Blanket Purchase Order, not to exceed the budgeted amount approved each fiscal year, for the City's bulk gasoline and diesel fuel commodity requirements to The SoCo Group Inc., of Perris, CA., cooperatively participating in the County of Riverside Fuel Contract through February, 2011. STAFF' ANALYSIS: Fuel pricing formulas are based on the Oil Price Information Services (OPTS) weekly newsletter that is an industry standard for reporting average fuel prices on a per gallon basis nationally. Each supplier is allowed to charge a "differential" based upon volume, load size, and delivery location. Applicable taxes are then added. The County of Riverside, with significantly greater fuel volume to leverage in the market than the City of Palm Springs, conducted a formal bid and split their award between two vendors, Downs Commercial Fueling of Corona CA. and The SoCo Croup Inc. of Perris of CA. ITEM NO. Although fuel rack rates rluctuate weekly from the refineries, The SoCo Groups' differential for the Palm Springs area (.01013 per gallon) was less than that of Downs ($.02990 per gallon) and therefore The SoCo Group received the award for this region of the County. While we all know that gas prices are volatile and will fluctuate weekly throughout the year, based on the current OPIS price for this week (including the differential and CA sales tax) our price from SoCo Group under this contract would be approximately $2.83 per gallon for unleaded gasoline and $3.09 per gallon for diesel. The City is exempt from the Federal Excise Tax on fuel- The County's bid for 3.8 million gallons of unleaded gasoline and 1.8 million gallons of diesel fuel annually included the City of Palm Springs' approximately 165,000 gallons of unleaded gasoline and 37,000 gallons of diesel fuel for the City's eight fuel tanks. Current Fiscal Year 2007/2008 fuel costs for city vehicles are expected to exceed $600,000 and the projected cost to be budgeted for Fiscal 2008/2009 will be $700,000 per the interim Finance Director. The Procurement and Contracting Manager, pursuant to the requirements of Section 7.09.010 of the Municipal Code, finds that utilization of the formal competitive bid process that leverages the bulk purchasing volume by the County of Riverside, CA to procure the City's gasoline and diesel fuel commodity requirements from The SoCo Group is adequate to protect the public interest, and the total cost of the fuel is likely to be less than could be obtained through an independent City competitive process. FISCAL IMPACT: Funds are budgeted and available in the following accounts: Gasoline: 510-5470-42035 Diesel: 510-5470-42045 L ro L. Butzl istant City Manager David H- Ready, City er 000002