Purchase of Gasoline and Diesel Fuel (Contract #B-24-006)

Radnor Township is soliciting sealed bids for the purchase of gasoline and diesel fuel under Contract #B-24-006, with bids due by 10:00 a.m. on November 13, 2024. Bidders are required to submit their proposals through the PennBid online platform, where bid packages can be obtained at no charge starting October 30, 2024. The project’s tentative award date is scheduled for November 25, 2024. The contract involves a procurement process with a bid security requirement of 10% of the total bid, which can be in the form of a corporate surety bond, certified check, or irrevocable letter of credit issued by a Pennsylvania-licensed bank. The successful bidder must also provide a performance bond equal to 100% of the bid amount. The Township’s Board of Commissioners reserves the right to reject any or all proposals, waive informalities, and make awards in the best interest of the Township, as detailed in the bid package. The contract size is estimated between $500,000 and $2,000,000, and the procurement falls under the NAICS code 324110, indicating a petroleum and coal products manufacturing industry classification. The process emphasizes transparency, adherence to submission guidelines, and evaluation standards outlined in the bid documentation, ensuring a competitive and fair selection process for the fuel supply contract.