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Committee approves temporary boost to renewable diesel contract amid rising fuel spending
Summary
The committee approved forwarding an amendment to increase the city's renewable diesel contract by about $18.7M to $86.7M and extend it to Oct. 31, 2024, citing increased consumption and price volatility; staff said emergency procurement rules and secondary vendors provide contingency for disasters.
The Budget & Finance Committee voted to forward to the full Board a proposed third amendment to the city's renewable diesel contract with Golden Gate Petroleum, increasing the not‑to‑exceed from $68M to about $86.7M and extending the term through Oct. 31, 2024.
Mark Farley of the Office of Contract Administration said diesel purchases—used by MTA buses, the…
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