Northeast gasoline supply reserve (ngsr)

Ended Definitive Contract Awarded Last action

Contract number
89243522CFE000017
Awardee
Awarding agency
Obligated
$4,200,000

Award facts

Opportunity
Contract value 47% obligated
  • $4,200,000.00 Current, with exercised options
  • $8,880,000.00 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Office of Cyber Security Department of Energy
NAICS code
493190 Other Warehousing and Storage
Set-aside
No set-aside
Competition
Competed under SAP · 2 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
South Portland, ME 04106, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00003 · Closeout modification $0
Exercise an Option P00002 · Storage of 100,000 barrels of rbob/CBO in the new england harbor area, ngsr to exercise option period 01. $2,160,000
Other Administrative Action P00001 · The purpose for this modification is to modify the above contract number to change the contracting officer and invoice approving official in DOE's strategic… $0
Original award $2,040,000

About this award

Written by GovTribe AI ·

The Department of Energy (DOE) awarded a $8,880,000.00 Definitive, Firm Fixed Price contract to Buckeye Terminals, LLC for the Northeast Gasoline Supply Reserve (NGSR). This contract is for the storage, distribution, and quality assurance of up to 1,000,000 barrels of reformulated and conventional gasoline blendstock for the Northeast region. The period of performance is from July 1, 2022 through June 30, 2026. There was no set-aside designation for this contract. Buckeye Terminals, LLC is a foreign-owned, for-profit organization that has provided these storage and distribution services to the DOE for over a decade. The NGSR was established in 2014 by the DOE to maintain an emergency stock of ready-for-blending gasoline in order to ensure supply security in the Northeast during severe shortages.

Quick answers

Who was awarded contract 89243522CFE000017?

89243522CFE000017 was awarded to Buckeye Terminals, LLC by Office of Fossil Energy (Department of Energy) on July 1, 2022.

How much is contract 89243522CFE000017 worth?

The government has obligated $4,200,000 on 89243522CFE000017. Its potential value, with all options, is $8,880,000.

Which agency awarded contract 89243522CFE000017?

Office of Fossil Energy (Department of Energy) awarded 89243522CFE000017, with funding from Office of Cyber Security (Department of Energy).

Was contract 89243522CFE000017 competed?

The extent of competition for 89243522CFE000017 was competed under sap. The government received 2 offers.

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