Town of Oakland Agenda 2026-06-09
Oakland Approves Street Asphalt Contract with Asphalt365, Inc.
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Description
The Town of Oakland Commission approved using the Toho Water Authority contract with Asphalt365, Inc. to purchase asphalt materials for unpaved streets, leveraging a competitively bid agreement valid through August 2027 for up to $9.51 million cumulatively. The Town Manager is authorized to execute all necessary documents for project completion.
Contract Details
Contract Amount
Not to exceed $9,510,000 (cumulative with Additional Contractor during renewal term)
Vendor
ASPHALT365 INC
Agency
Town of Oakland, FL
Contract Type
CONSTRUCTION
Document Date
June 9, 2026
Contract Term
Effective through August 8, 2027 (renewal term: February 24, 2025 – August 8, 2027)
Renewal Date
2027-08-08
Renewal Info
Contract was renewed for a two-year period (February 24, 2025 – August 8, 2027), which is the final renewal. The not-to-exceed amount for the renewal term is $9,510,000 total across all parties to the contract.
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