CPS Energy Board of Trustees Agenda Packet 2026-06-22
Petroleum Traders Awarded Long-Term Fuel Contract
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Description
The CPS Energy Board is asked to award Petroleum Traders Corporation a $10 million contract through July 31, 2029 for bulk fuel supply. The small firm has supplied CPS Energy for 13 years.
Contract Details
Contract Amount
$10,000,000
Vendor
PETROLEUM TRADERS CORPORATION
Agency
CPS Energy, TX
Contract Type
SUPPLIES
Document Date
June 22, 2026
Contract Term
Through July 31, 2029
Renewal Date
2029-07-31
Renewal Info
New contract term runs through July 31, 2029; renewal terms not noted. Extends a long-standing 13-year supplier relationship.
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