colonial_oil_-_unleaded_-_inv._IN-1656728_-_$11292.81.pdf

This document is a fuel delivery invoice from Colonial Oil Industries to the City of Gainesville's Regional Transit System (RTS) for unleaded gasoline procurement under Invitation to Bid (ITB) #RTSX-270001-DS. The invoice documents the supply of 87 Octane Unleaded Gasoline delivered to RTS's fueling facility located at 34 SE 13th Road, Gainesville, Florida. The five-year contract term runs from October 1, 2026, through September 30, 2031, with RTS anticipating annual gasoline consumption of approximately 65,000 gallons based on historical data. The solicitation required bid submission by May 15, 2026, at 3:00 p.m. through the City's OpenGov procurement portal, with a question submission deadline of April 29, 2026.

The invoice reflects a transaction value of $11,292.81 for unleaded gasoline delivery, consistent with historical purchasing patterns referenced in the solicitation documents. Pricing under the contract is determined using the OPIS (Oil Price Information Service) Gross Contract Low price per gallon with PLUS or MINUS markups applied by fuel type and delivery terminal location across the contract term, with all applicable federal, state, and local taxes added after the base price is established. Colonial Oil Industries served as the incumbent fuel supplier for RTS, with the contract partially funded by the Federal Transit Administration, requiring compliance with applicable FTA terms, conditions, and civil rights requirements. Payment is made by electronic fund transfer only under Florida's Local Government Prompt Payment Act with net forty-five-day payment terms.