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  2. Finance Committee - Agenda - 7/6/2016 - P107

Finance Committee - Agenda - 7/6/2016 - P107

By dnadmin on Mon, 11/07/2022 - 09:51
Document Date
Wed, 07/06/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 07/06/2016 - 00:00
Page Number
107
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__070620…

B5 BIODIESEL AGREEMENT BETWEEN
THE CITY OF NASHUA, NH
AND
EAST RIVER ENERGY

THIS AGREEMENT is made and entered into effective as of July 1, 2016 by and between the
City of Nashua, located at 229 Main Street, Nashua, NH 03060 (the "CITY" or “Purchaser”) and
East River Energy, located at 401 Soundview Road, P.O, Box 388, Guilford, CT 06437-
0388(the "CONTRACTOR").

WITNESSETH

WHEREAS, the CITY is desirous of obtaining B5 Biodiesel fuel blend for the Nashua Transit
System. NOW, THEREFORE, in consideration of the foregoing recitals and covenants and
agreements of each of the parties herein set forth, the parties do agree as follows:

1. CONTRACTOR SERVICES

The CITY does hereby engage and retain the CONTRACTOR to deliver BS-Bio-diesel fuel
blend on a year-round basis. It is required that the BS Biodiesel product being supplied is
formulated utilizing "premium ultra-low sulfur #2" blend stock on a year-round basis.

CONTRACTOR will follow the guidelines listed below for the minimum protection cloud points
required. All fuel as delivered shall meet or exceed the cloud point requirements as stated below
unless superseded by requirements stated at time of order:

ADDITIVE WINTER PREMIUM DIESEL CLOUD POINT REQUIREMENTS
October 1st to December 14th - "B5 fuel delivered" with a required cloud point that
meets or exceeds + 8° cloud point

December 15th to March 14" - "BS fuel delivered" with a required cloud point that meets
or exceeds -5° cloud point

March 15" to September 30" - "B5 fuel delivered" with a required cloud point that meets
or exceeds + 20° cloud point

2. COMMENCEMENT AND TERM
Deliveries shall commence upon the full execution of this Agreement and shall proceed
diligently and in good faith from July 1, 2016 through June 30, 2017, with a one year option to

extend at the same price, which option shall be at the City’s sole discretion.

° The CONTRACTOR will deliver quantities requested to 11 Riverside Street within a
24- hour time period. Friday requests wiil be delivered on Monday.

Page Image
Finance Committee - Agenda - 7/6/2016 - P107

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