89243525CCR000073
Definitive Contract
Overview
Government Description
Management and operation of the Strategic Petroleum Reserve (SPR) facilities. Includes managing and operating petroleum storage facilities located in Louisiana and Texas in a safe, effective, efficient, and environmentally compliant manner. The primary mission is to store petroleum to diminish the impact of supply disruptions and fulfill U.S. Obligations under the international energy program.
Awardee
Awarding Agency
Funding Agency
Place of Performance
New Orleans, LA 70123 United States
Pricing
Cost Plus Award Fee
Set Aside
None
Extent Competed
Full And Open Competition
Est. Average FTE
1658
Related Opportunity
Analysis Notes
Amendment Since initial award the Potential End Date has been extended from 06/14/35 to 11/23/35 and the Potential Award value has decreased 7% from $2,802,714,522 to $2,617,210,621.
Subcontracting Plan This Definitive Contract has an Individual Subcontract Plan. The Department of Energy has an overall small business subcontracting goal of 49%
Subcontracting Plan This Definitive Contract has an Individual Subcontract Plan. The Department of Energy has an overall small business subcontracting goal of 49%
Strategic Storage Partners was awarded
Definitive Contract 89243525CCR000073 (892435-25-C-CR000073)
for Management And Operation Of The Strategic Petroleum Reserve (SPR) Facilities
worth up to $2,617,210,621
by the DOE Office of Cyber Security
in April 2025.
The contract
has a duration of 10 years 7 months and
was awarded
through solicitation Management and Operation of the Strategic Petroleum Reserve facilities
full & open
with
NAICS 561210 and
PSC R799
via direct negotiation acquisition procedures with 6 bids received.
As of today, the Definitive Contract has a total reported backlog of $2,192,684,786 and funded backlog of $1,026,797,317.
Status
(Open)
Last Modified 5/5/26
Period of Performance
4/15/25
Start Date
11/23/30
Current End Date
11/23/35
Potential End Date
Obligations and Backlog
$424.5M
Total Obligated
$1.5B
Current Award
$2.6B
Potential Award
$1.0B
Funded Backlog
$2.2B
Total Backlog
Award Hierarchy
Definitive Contract
89243525CCR000073
Subcontracts
Activity Timeline
Opportunity Lifecycle
Procurement history for 89243525CCR000073
Transaction History
Modifications to 89243525CCR000073
People
Suggested agency contacts for 89243525CCR000073
Competition
Number of Bidders
6
Solicitation Procedures
Negotiated Proposal/Quote
Evaluated Preference
None
Performance Based Acquisition
Yes
Commercial Item Acquisition
Commercial Item Procedures Not Used
Simplified Procedures for Commercial Items
No
Other Categorizations
Subcontracting Plan
Individual Subcontract Plan
Cost Accounting Standards
Yes
Business Size Determination
Large Business
Awardee UEI
SJ65WNKH1WA4
Awardee CAGE
9MR71
Agency Detail
Awarding Office
892435 STRATEGIC PETROLEUM RESERVE
Funding Office
892407
Created By
brad.diggs@spr.doe.gov
Last Modified By
kelly.gele@spr.doe.gov
Approved By
kelly.gele@spr.doe.gov
Legislative
Legislative Mandates
None Applicable
Performance District
LA-01
Senators
Bill Cassidy
John Kennedy
John Kennedy
Representative
Steve Scalise
Modified: 5/5/26