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City Council of Monterey Park Regular Meeting Agenda 2026-06-17

City Considers $1.35M Fuel Contract with Pinnacle Petroleum

Not-to-exceed $1,350,000City of Monterey ParkPINNACLE PETROLEUM INCJune 17, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Monterey Park is poised to enter a three-year fuel purchase agreement with Pinnacle Petroleum, Inc. for bulk gasoline, diesel, oil, and lubricants, with a total not-to-exceed amount of $1,350,000 from July 1, 2026 through June 30, 2029. The City Manager would be empowered to execute the contract following Council approval.

Contract Details

Contract Amount

Not-to-exceed $1,350,000

Vendor

PINNACLE PETROLEUM INC

Agency

City of Monterey Park, CA

Contract Type

SUPPLIES

Document Date

June 17, 2026

Contract Term

Initial 3-year term beginning July 1, 2026 through June 30, 2029

Renewal Date

2029-06-30

Renewal Info

Agreement is described as an initial three-year term from July 1, 2026 to June 30, 2029; no explicit options for renewal or extension are specified in the agenda item.

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