Consideration to award annual supply/service contract RFB 2026-050 for the purchase of Original Equipment Manufacturer (OEM) parts/service for the City's Caterpillar equipment with Holt Caterpillar, Laredo, Texas, in an annual amount up to $850,000.00 and $2,550,000.00 for the remainder of the contract term. All parts and services will be secured on an as needed basis. The term of this contract shall be for a period of one year beginning as of the date of its execution and is contingent upon the availability of appropriated funds. This contract can be renewed three (3) additional one (1) year extension periods, upon mutual agreement of the parties. Funding is available in the Fleet Management Fund.

The City of Laredo is awarding an annual supply and service contract (RFB 2026-050) to Holt Texas, LTD (dba Holt CAT) for the purchase of Original Equipment Manufacturer (OEM) parts and repair services for the City's Caterpillar heavy equipment.

Financial Details:

• Annual Amount: Up to $850,000.00.
• Total Potential Contract Value: Up to $2,550,000.00 over the full term (including renewals).
• Funding: Fleet Management Fund.

Key Provisions:

• Term: One year, beginning upon execution, with the option for three (3) additional one-year extensions upon mutual agreement.
• Scope: Parts and services are provided on an as-needed basis. The contract includes specific labor rates of $220.00/hour for field service and $195.00/hour for shop service, with a $5.00/mile travel rate.
• Procurement: Competitive bid process; Holt Texas, LTD was the selected vendor.
• Compliance: The contract is contingent upon the availability of appropriated funds and includes standard city requirements for insurance, ethics, and non-collusion.