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Approval of Increase to cap Price Agreement with Reladyne West LLC. to provide bulk fuels
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The Albuquerque Bernalillo County Water Utility Authority (Water Authority) utilizes Reladyne West LLC. to provide bulk fuels for all Water Authority needs. Reladyne West LLC. was awarded the price agreement contract as a part of the formal solicitation P2017000009.
Resolution R-18-14 requires board approval for any purchase in an amount exceeding $500,000.
The Water Authority’s operations staff is recommending additional funding to be added to the price agreement cap to allow for continued purchase of bulk fuels through the end of the contract term. The estimated expenditure under this price agreement is expected to exceed $500,000, however actual expenses will be incurred as product is ordered.
If approved by the Board, the purchase order will be adjusted to include the increased contract cap. Approval of this item shall also serve as delegation of authority for the Executive Director to approve all future amendments to this contract, if any. Water Authority Staff herby requests an increase to the price agreement cap with Reladyne West LLC to $750,000.
FISCAL IMPACT:
No impact on the FY2026 budget is expected since the purchase of these goods and/or services will be paid for with funds already appropriated for this specific purpose.