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7064 - Supply of DEC Lubricating Oil, Addendum 1 Purchasing Department 901-B Texas St. Denton, TX 76209 (940) 349-7100 www.dentonpurchasing.com ADDENDUM # 1 IFB # 7064 Supply of DEC Lubricating Oil Issue Date: April 22, 2019 Response due Date and Time (Central Time): Tuesday, April 30, 2019, 11:00 A.M. C.S.T IFB # 7064 ADDENDUM # 1 Bid dues date has been revised from April 25, 2019 to Tuesday, April 30, 2019 at 11:00 A.M. CST. Following are responses to the questions asked by potential vendors: Q1. In section 8- Pricing Adjustments, there are several different NYME pricing indexes. What indexes will we base pricing on? Because there is more to the base oil pricing, transportation and additives being a part of the cost that is not supported in the Index Pricing, Would supporting documentation from the manufacturer and industry news work? R1. We acknowledge that Oil pricing is subject to various variables, City will negotiate with the contractor at times of increases in good faith during term of the contract and will consider variables e.g. documentation from manufacture stating the increase reason, additives, transportation and will review all available information in relation to the crude pricing quote on multiple exchanges at the prevailing time. E.g. NYMEX as provided by CME group. An example of same is given below. City reserve the final right to agree or reject the price increases. NO OTHER CHANGES AT THIS TIME. Please acknowledge addendum on Attachment F of the main solicitation document when submitting a proposal.