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SR-08-22-1978-6NSari .Monica, California ,ugust 9, 1978 TO: Mayor and City FROM: City Staff SUBJECT: Recommendation tank. Bid No. Introduction This report concerns award ten - thousand (10,000) gall Council to award bid for underground fuel AUG 2 2 1978 1388. d (P.16/� , 3600 '7 of bid to furnish and install one (1) Dn diesel fuel tank at the City Yards for the total amount of $ 7,450.00, including tax. Funds, in the amount of $ 8,500.00, are available in account number 01- 500 -481- 000 -920 (City Yards Structures and Improvements). Background This tank installation will enable the City to purchase diesel fuel in five - thousand or more gallon lots at a saving of .035 cents per gallon over present purchases. In response to published Notice Inviting Bids to furnish and install the tank specified, proposals were received and publicly opened and read in the office of the City Manager July 18, 1978. Proposal forms were mailed to twenty -one (21) suppliers and notices were advertised in accordance with city charter and municipal code provisions. Four bids were received: Bidder Amount Terms Completion (IncTul ling Tax) Time Petro - Builders, Inc. $ 7,450.00 Net 45 days Chas. E. Thomas Co. 8,038.00 Net 42 days DST Builders 9,820.00 Net 15 days Prime of Calif., Inc. 9,991.00 Net 14 days Recommendation It is recommended that the award be made to Petro-Builders, Inc., as the lowest and best bidder, in the total amount of $ 7,450'.00, including Tax. AUG 2 2 1978 Prepared By; RNA P/A Reference: Contract No. 3075 (CCS)