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4.7 SR 11-04-2024City of Elk - River To City Council Meeting Date November 4, 2024 Item Description State Fuel Consortium Request for Action Item Number 4.7 Prepared By Justin Femrite, Public Works Director/Chief Engineer Reviewed by Justin Femrite Cal Portner Tina Allard Action Requested Enter, by motion, into the State Fuel Consortium for bulk fuel purchasing and pricing. Background/Discussion Annually, the city has participated in the State of Minnesota Fuel Consortium to gain bulk fuel at state contract pricing. While the pricing has yet to be set for the upcoming contract cycle (Feb. I, 2025, through Jan. 31, 2026), we are asked to commit our quantity order by Nov. 10, 2024. This buying opportunity has historically yielded savings by purchasing fuel outright through the open market and staff is again recommending entering this program. Upon approval of this item, we will review our historical usage and make the appropriate estimations for our anticipated 2025 fuel needs to complete our order and contractual obligations. Financial Impact Budget savings will be understood as fuel costs are set by the State. Mission/Policy/Goal Responsible for every dollar. Attachments Fuel Consortium Program The Elk River Vision A avelcoming community with revolutionary and spirited resourcefulness, exceptional service, and community p p W E R E U A Y engagement that encourages and inspires prosperity 106 Fuel Consortium Program - Overview Attachment A The current Contract with Beaudry Oil is set to expire January 31, 2025. Due to market conditions and the solicitation process, the procurement team is exploring pricing options for a new solicitation or agreement term and program that will begin February 1, 2025. In order to achieve this, participants must submit their quantities for the Fixed Price Fuel Program no later than November 10, 2024. Fixed Price Fuel Program —Agencies participating in the Fixed Price Fuel Program are required to take 100% of its monthly quantity committed and the Contractor is required to provide 100% of the monthly quantities contracted. The program will be for 12 months, from February 1, 2025 through January 31, 2026. - If the original purchaser is unable to take all of the monthly committed gallons, the Contractor will be responsible for contacting other location participating the Fixed Price Fuel Contract to determine if they are able to take additional gallons. - If the Contractor is able to ship the unused gallons from the original participating purchaser to another participating agency, there will be no cost to the original participating agency. If the Spot Price is less than the Fixed Price, participants are not required to take more than the monthly amount they committed to. - If the Contractor is unable to ship the unused gallons from the original participating purchaser to another participating agency, they may sell the unused gallons on the open market and either debit or credit the difference in price back to the original participating purchaser based on the open market sell price. - If the Contractor is unable to provide all of the monthly committed gallons to a participating member by the due date and time, the participating member may purchase the product on the open market and charge the Contractor for any actual additional costs incurred. Spot Price Program — In addition to the Fixed Price Program, we will include a Spot Price Program for Participants to handle extra fuel needs over and above the committed quantities in the Fixed Price Program. Only Participants in the Fixed Price Program may use the Spot Prices offered by the Contractor. If the Contractor is unable to provide the order quantity to a State agency or CPV member by the required due date and time, the State agency or CPV member may purchase the product on the open market and charge the Contractor for any actual additional costs incurred. The signature below and/or submission of the Order Form (Attachment B) certify that your Entity agrees to all terms, conditions, and prices of any Contract agreement entered into on its behalf by the State of Minnesota, which includes, by is not limited to, taking 100% of the monthly fuel quantities submitted for the Fixed Price Program on the Fuel Order Form (Attachment B). There is no requirement to take any product(s) using the Spot Price Program. Agency Name: City of Elk River Address: 13065 Orono Parkway, Elk Rlver MN 55330 Contact Person: Justin Femrite Title: Public Works Director Phone No.: 763-635-1000 Fax: Email: JFemrite@ElkRiverMN.gov Authorized Signature: Page 34 of 106