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89243526CCR000074

Definitive Contract

Overview

Government Description
PURCHASE OF APPROXIMATELY ONE MILLION BARRELS (1.0MMB) OF US PRODUCED SOUR CRUDE OIL FOR THE STRATEGIC PETROLEUM RESERVE
Place of Performance
Freeport, TX 77541 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Full And Open Competition
Trafigura Trading was awarded Definitive Contract 89243526CCR000074 (892435-26-C-CR000074) worth up to $37,197,900 by the DOE Office of Cyber Security in November 2025. The contract was awarded through solicitation Crude Oil Purchase full & open with NAICS 424720 and PSC 9140 via direct negotiation acquisition procedures with 6 bids received.

Status
(Open)

Last Modified 11/12/25
Period of Performance
11/5/25
Start Date
1/31/26
Current End Date
1/31/26
Potential End Date
38.0% Complete

Obligations
$37.2M
Total Obligated
$37.2M
Current Award
$37.2M
Potential Award
100% Funded

Award Hierarchy

Definitive Contract

89243526CCR000074

Subcontracts

0

Activity Timeline

Interactive chart of timeline of amendments to 89243526CCR000074

Opportunity Lifecycle

Procurement history for 89243526CCR000074

People

Suggested agency contacts for 89243526CCR000074

Competition

Number of Bidders
6
Solicitation Procedures
Negotiated Proposal/Quote
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No

Other Categorizations

Subcontracting Plan
Plan Not Included (No Subcontracting Possibilities)
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
C7NMRAZG8KJ3
Awardee CAGE
7UNL2
Agency Detail
Awarding Office
892435 STRATEGIC PETROLEUM RESERVE
Funding Office
892407
Created By
mary.kiefer@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
TX-14
Senators
John Cornyn
Ted Cruz
Representative
Randy Weber
Modified: 11/12/25