Purchase of Gasoline and Diesel Fuel (Contract #B-25-008)

Radnor Township has issued a sealed bid solicitation for the purchase of gasoline and diesel fuel under Contract #B-25-008, with bids due by 10:00 a.m. on November 19, 2025. The procurement process is managed through PennBid, where bid packages are available at no charge starting November 6, 2025. The project is expected to be awarded tentatively on December 8, 2025. Bidders are required to submit a bid security equal to 10% of their 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 to ensure contract fulfillment. The contract falls under NAICS code 324110, indicating its focus on fuel procurement, and is valued between $500,000 and $2,000,000. The bid evaluation will consider the specifications, bid security, and other requirements outlined in the bid package, with the Township reserving the right to reject any proposals or waive informalities if deemed in the best interest of the Township. The process emphasizes transparency and competitive pricing, with detailed instructions and legal provisions included to guide bidders. The previous bid results for a similar fuel contract demonstrate the competitive landscape, with multiple suppliers submitting bids based on benchmark prices and differential calculations.