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Meeting Date: 12/13/2021  
Consent to Contract Assignment -Arguindegui Oil Co. II, Ltd.
Submitted for: Joe Lopez Submitted By: Joe Lopez
Department: Purchasing  

Subject:
Discussion and possible action approve and consent to a contract assignment from Arguindegui Oil Co. II, Ltd. (who was awarded Bid No. 2022-05 on July 12, 2021, Item 17.b.) to Offen Petroleum, LLC. (“Offen”) as authorized in the original agreement between Webb County and Arguindegui Oil; and authorizing the Webb County Judge to sign all relevant documents and any other matters incident thereto.

Issue: Arguindegui Oil Co has assigned its agreement to Offen Petroleum.           
 
Solution: The Agreement between Webb County and Arguindegui permits assignment so long as it is in writing.
 
Result:
Webb County will continue to receive its services for fuel and lubricants.
Background:
N/A
Previous Court Action:
Award of Bid No. 2022-05 "Fuel & Lubricants to Arguindegui Oil Co. on 7/12/2021.

Fiscal Impact
Budget Account Number: TBD
Funding Source: TBD
Balance: TBD
Financial Impact:
To be determined. 
Attachments
Notification Webb County
Bid No. 2022-005 Arguindegui Oil Co. II
Consent to Assignment Webb County jt


    

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