City Renews Multi-Million Dollar Fuel Contract with Arguindegui Oil
Laredo UtilitiesUtility District · Laredo, TX- Disclosed value
- Up to $5,600,000.00 annually and $11,200,000.00 for remainder of contract term
- From agenda
- Document date
- May 13, 2026
The 30-second brief
Laredo will renew its bulk fuel contract with Arguindegui Oil for up to $5.6 million annually and $11.2 million for the remainder of the term. Fuel pricing is based on the daily OPIS index, with options for two further one-year extensions.
Arguindegui Oil holds this supplies contract with Laredo Utilities. Its other public contracts on record include work for Laredo Urban Transportation Study and City of Laredo.
Term as filed: One year from execution; up to two additional one‑year extensions.
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Contract details
- Contract type
- Supplies
- Amount
- Up to $5,600,000.00 annually and $11,200,000.00 for remainder of contract term
- Document date
- May 13, 2026
- Term
- One year from execution; up to two additional one‑year extensions
- Vendor
- Arguindegui Oil
- Agency
- Laredo Utilities
- Source document
- City of Laredo Regular Meeting Agenda May 2026 (Agenda)
Arguindegui Oil's other public contracts
More Laredo Utilities contracts
Questions about this contract
Who was awarded the supplies contract by Laredo Utilities?
Arguindegui Oil was awarded this supplies contract by Laredo Utilities, as recorded on May 13, 2026. The contract value is Up to $5,600,000.00 annually and $11,200,000.00 for remainder of contract term.
How much is the Arguindegui Oil contract with Laredo Utilities worth?
The Arguindegui Oil contract with Laredo Utilities is valued at Up to $5,600,000.00 annually and $11,200,000.00 for remainder of contract term, covering supplies work.
What type of contract is this?
This is a Supplies contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Laredo Regular Meeting Agenda May 2026 (Agenda), dated May 13, 2026 from Laredo Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Arguindegui Oil hold?
Arguindegui Oil may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Laredo Utilities currently buying?
Explore Laredo Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.