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Crude Oil Purchase   2

ID: 89243524RCR000029 • Type: Synopsis Solicitation

Description

Purchase of Approximately Three Million Six Hundred Thousand Barrels (3.6MMB) of US Produced Sour Crude Oil for the Strategic Petroleum Reserve
Background
The Department of Energy, through the Strategic Petroleum Reserve Project Management Office (SPRPMO), located in New Orleans, Louisiana, is seeking to purchase approximately three million six hundred thousand barrels of U.S. produced sour crude oil.

This procurement is aimed at fulfilling the requirements for the Strategic Petroleum Reserve for delivery during January, February, and March 2025. The maximum price set for this crude oil is $79.99 per barrel.

Work Details
The contract involves the purchase of approximately 3.6 million barrels of sour crude oil, specifically U.S. produced.

The delivery is scheduled to be made to Bryan Mound during the period from January 1, 2025, to March 31, 2025. The solicitation number for this request is 89243524RCR000029. Offerors are required to submit proposals via email based on the information provided in the Request for Proposal (RFP).

Period of Performance
01/01/2025 to 03/31/2025

Place of Performance
Bryan Mound
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Overview

Agency
Strategic Petroleum Reserve Project Management Office (SPRPMO) [DOE - FECM]
Response Deadline
Sept. 4, 2024, 12:00 p.m. EDT Past Due
Posted
Aug. 26, 2024, 2:06 p.m. EDT
Set Aside
None
NAICS
424720 - Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
PSC
9999 - Miscellaneous Items
Place of Performance
Not Provided
Source
SAM
Links
Click here to see more information about this opportunity on FedConnect
Current SBA Size Standard
200 Employees
Est. Level of Competition
Low
Est. Value Range
Experimental
$270,000,000 - $360,000,000 (AI estimate)
Signs of Shaping
The solicitation is open for 8 days, below average for the Strategic Petroleum Reserve Project Management Office.
On 8/26/24 Strategic Petroleum Reserve Project Management Office issued Synopsis Solicitation 89243524RCR000029 for Crude Oil Purchase due 9/4/24. The opportunity was issued full & open with NAICS 424720 and PSC 9999.
Primary Contact
Name
Thibodaux, Jennie Carter   Profile
Email
jennie.thibodaux@spr.doe.gov
Phone
(504) 343-3538

Documents

Posted documents for Synopsis Solicitation 89243524RCR000029

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Additional Details

Source Agency Hierarchy
ENERGY, DEPARTMENT OF > ENERGY, DEPARTMENT OF > STRATEGIC PETROLEUM RESERVE
FPDS Organization Code
8900-00096
Source Organization Code
100188162
Last Updated
Sept. 19, 2024
Last Updated By
Stripes@hq.doe.gov
Archive Date
Sept. 19, 2024