T0097 Globe Petroleum Price Increase Amendment 9.3.26.docx

This is an amendment to a statewide automotive lubricants contract issued by the State of New Jersey Department of the Treasury, Division of Purchase and Property Procurement. The amendment, dated September 3, 2026, is directed to all state using agencies and concerns Contract 26-FLEET-144071 under BID Solicitation #26DPP01239. The contractor is Globe Petroleum Inc., and the contract period runs from September 4, 2026, through September 3, 2030.

The amendment revises pricing terms for seven automotive lubricant categories supplied by Globe Petroleum Inc., including motor oils (CITGO brand), two-stroke engine oil (Mystik brand), gear oil (CITGO brand), greases (Mystik brand), automatic transmission fluid (CITGO brand), tractor hydraulic/transmission fluid (CITGO/Mystik brands), and hydraulic oil (CITGO brand). All categories maintain a previous contract discount of -30% and are being adjusted to a current contract markup of +30%. All product lines carry a standard delivery timeframe of five days after receipt of order. This price increase amendment applies uniformly across all seven contract line items for Globe Petroleum Inc.'s lubricant offerings under the statewide fleet contract.