026 University of Maine: #6.5 Residual Oil

Description

REQUEST FOR BIDS Administered by: Competitive Energy Services, LLC FUELS: #6.5 Residual Oil University of Maine at Orono RFB# 2026-026 ISSUE DATE: October 13, 2026 BIDS RESPONSE DATE: October 27, 2026 (See Section Two for details) Competitive Energy Services Attn: Sarah Bilodeau SECTION ONE 1.0 GENERAL INFORMATION: 1.1 Purpose: Competitive Energy Services (“CES”), the Bid Administrator, on behalf of the University of Maine System (”University”), is seeking quotations from fuel distributors to supply University of Maine at Orono locations with fuel. 1.2 References: Each respondent to this Request for Bids (“RFB”) shall be referred to as a "Bidder." Each Bidder to whom a contract is awarded shall be referred to as a "Contractor." 1.3 Objectives: To obtain: Spot-market index price delivery contract(s) for fuel product, quantities, and delivery term as specified in Section 2 below. Hereinafter, these prices shall be referred to as the “Spot-Market Price.” 1.4 Timeline of Events: Timeline dates are subject to change at the University’s sole discretion. The University reserves the right to award this RFB at any time it determines that market conditions are favorable and such award is in the best interests of the University. Event Issue Date Inquiries Deadline Response to Inquiries Bids Due Date Estimated Award Date Due Date October 13, 2026 EOB Friday October 16, 2026 EOB Wednesday October 21, 2026 4:00 PM Monday October 26, 2026 On or before February 1, 2027 1.5 Evaluation Criteria: Award will be made to the low Bidder provided that all other requirements are satisfactorily met and competitively bid, and based upon the University’s evaluation of bids to unlike market indices, preference may be given to the Bids offered that are consistent with the University preferred market indices specified in Section 5. The University will not consider non-responsive bids or proposals, i.e., those with material deficiencies, omissions, errors or inconsistencies. 1.6 Award: The University reserves the right to award this bid on a location by location basis, price and other factors considered. The University reserves the right to conduct any tests it may deem advisable and to make all evaluations. The University reserves the right to reject any or all bids, in whole or in part and is not necessarily bound to accept the lowest bid if that bid is contrary to the best interests of the University.