HomeMy WebLinkAboutC87-044 Loco-Lipson - providing fuelCONTRACT Cg7_44_50 THIS AGREEMENT, made by and between the County of Eagle, State of Colorado, by and through its Board of County Commis- sioners, P.O. Box 850, Eagle, Colorado 81631, hereinafter called "County"; and Loco Inc. - Lipson Oil Co., 631 South Ninth Street, Grand Junction, Colorado 81501, hereinafter called "Contractor." WHEREAS, the Contractor did submit a proposal on supply- ing the County fuels as per attached quote and previously filed with County, which proposal is by reference made a part hereof; and WHEREAS, the products needed by the County and their estimated quantities are: 16,000 gallons Regular Gasoline, Octane 85; 55,000 gallons Unleased Gasoline, Octane 87; 120,000 gallons Diesel Fuel; and WHEREAS, that quantities are estimated and the County reserves the right to increase or decrease quantities as needed; and WHEREAS, Contractor was the low bidder and is capable of sufficiently meeting the County's fuel needs. THEREFORE, in consideration of the following mutual agreements and covenants to be kept by each party, it is agreed as follows: SCOPE OF WORK The Contractor agrees to deliver such quantities of fuel as the County may order. Contractor agrees to furnish and pay for all labor, tools, equipment, machinery, supplies, transpor- tation, taxes, utilities and services necessary to procure and deliver the products ordered hereunder. PRICE The parties agree that the County shall be charged and shall pay the following prices: a) Regular Gasoline, Octane 85, and Unleaded Gasoline, Octane 87: the Rack price (the refinery retail price) plus $.03365 per gallon delivery, plus $.02 per gallon mark-up. b) Diesel Fuel: the Rack price plus $.0378 per gallon delivery, plus $.02 per gallon mark-up. DELIVERY Delivery shall be made upon the request of the County Road & Bridge Supervisor at various locations throughout the County. The County agrees to order and accept amounts corres- ponding to full truckloads. CERTIFICATIONS Contractor agrees to provide certification of Octane levels and of the absence of alcohol products in the fuels it delivers to the County. Such certifications shall be made on request. INSURANCE Contractor agrees to maintain general liability insurance coverage for its acts in a minimum amount of $500,000. Contractor further agrees to provide for Workmen's Compensa- tion for its employees. Contractor shall also provide Vehicle Liability Insurance with a minimum coverage of $400,000 per accident. All coverages shall be maintained for the duration of this contract at the Contractor's expense. Certificate of such insurance shall be provided by the Contractor to the Eagle County Attorney. TERM AND TERMINATION The contract period shall be from the date of execution through December 31, 1987. Upon expiration of this contract, it shall be deemed extended on a month-to-month basis unless and until a new bid is accepted for the supply of fuel, or notice is given by either party that the contract is terminated. It is the intention of the County to purchase the fuel specified herein from a source of supply that will give prompt, convenient service at a competitive price. The County reserves the right to terminate this contract at any time if at the discretion of the County such service or pricing is not provided. Failure to comply with any of the requirements of this agreement will be cause for immediate termination of the contract. -2- IN WITNESS WHEREOF, the parties hereto execute this contract this�3"'�..�� day of March, 1986. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its ar BOARD OF COUNTY COMMISSIONERS ounty Commissioners (SEAL) By:.4 Ri khard L. G t P.O. Box 50 Eagle, CO 8163 som, Chairman LIPSON OIL COMPANY j. LOCO INC. ATTEST::" BY: - Secretary R. L. Lipson, III, President P.O. Box 126 Grand Junction, CO 81502 (SEAL) -3-