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<br />Preview <br /> <br />Page 1 of2 <br /> <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br /> <br />MEMORANDUM <br />- .- ---- <br /> <br />TO: <br /> <br />The Honorable Mayor and City Commission <br /> <br />FROM: <br /> <br />MinaI Shah, Assistant City Manager <br /> <br />DATE: <br /> <br />1/20/2011 <br /> <br />RE: <br /> <br />Approval of unleaded fuel purchases using Wright Express Financial <br />Services Corporation. <br /> <br />RECOMMENDATION: <br /> <br />Staff is recommending the City Commission enter into an agreement to purchase <br />unleaded fuel using Wright Express Financial Services Corporation fuel card program. <br /> <br />REASONS: <br /> <br />Currently, the City utilizes Miami-Dade County's fuel station located at 15665 Biscayne <br />Boulevard to fuel the City's fleet. In a search for more conveniently located fueling <br />stations and pricing, we approached Wright Express who recently negotiated <br />a competitive contract with the State of Florida for a fuel card program. Their program <br />allows fueling at more than 8,500 gas stations in the State of Florida, four of which are <br />located within the City limits. Their pricing is calculated by the pump price less 1.45% <br />discount and then less the excise tax of .182851 per gallon. For example, if 10 gallons of <br />gas is purchased at $3/gallon, the calculation would be $30 (10x$3) less .435 (1.45% <br />discount on the $30) less $1.82851 (10x .182851 excise tax) for a total purchase price of <br />$27.74. <br /> <br />Below is a table showing a price per gallon comparison of random dates in November <br />and December 2010 for Miami-Dade County and the Wright Express pricing for the <br />two gas stations neighboring the City. <br /> <br /> Wright Express Per Gallon <br /> Program Savings <br /> Miami-Dade BP-17790 Chevron- Highest of. d II <br />DATE County Collins 17800 the two In 0 ars % <br /> Collins <br />11/3/2010 2.7779 2.6741 2.6930 2.6930 (0.0849) -3.1% <br />11/4/2010 2.7782 2.6740 2.6933 2.6933 (0.0849) -3.1% <br /> <br />http://sibagenda.sibfl.net/agenda/Preview.aspx?ItemID=424&MeetingID=O&MeetingDate... 1/13/2011 <br />