The northeast home heating oil reserve (nehhor)storage of 300,000 ulsd in new haven, CT and/or groton, CT.
Active Definitive Contract Awarded Last action
- Contract number
- 89243524CCR000051
- Awardee
-
Buckeye Terminals, LLC UEI XFM3BWYTS7E5
- Awarding agency
-
Office of Fossil Energy
Department of Energy
- Obligated
- $5,022,000
Award facts
- Opportunity
-
- RFP# 89243524RCR000014 Solicitation · 89243524RCR000014 · Posted Feb 16, 2024
- Contract value 74% obligated
-
- $5,022,000.00 Current, with exercised options
- $6,804,000.00 Potential, with all options
- Completion date 66% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Office of Cyber Security Department of Energy
- NAICS code
- 493190 Other Warehousing and Storage
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Poquonock Bridge, CT 06340, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $1,728,000 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,674,000 | |
| Original award | $1,620,000 |
About this award
The Department of Energy's Office of Fossil Energy and Carbon Management awarded Buckeye Terminals, LLC a $6.8 million firm fixed-price contract on March 29, 2024, to provide storage services for 300,000 barrels of ultra-low sulfur diesel (ULSD) under the Northeast Home Heating Oil Reserve (NEHHOR) program. This award represents an exercise of Option Period 2 and is scheduled for completion by March 1, 2028. The storage services will be performed at facilities in the Connecticut area, specifically in New Haven and/or Groton, with the place of performance listed in Poquonock Bridge, Connecticut. No set-aside designation was used in this procurement, and Buckeye Terminals, as the incumbent contractor, was selected based on its technical approach, management capabilities, and pricing for meeting the storage requirements.
This contract aligns with the DOE's broader strategic petroleum reserve initiative, which maintains emergency fuel supplies to support national energy security. Buckeye Terminals, a Houston-based petroleum storage and distribution company, brings significant experience to this role, having managed multiple federal contracts for both NEHHOR and the Northeast Gasoline Supply Reserve (NGSR) totaling approximately $14.76 million for ULSD storage across New Jersey and Connecticut facilities. The company's expertise in receiving, storing, and distributing critical petroleum products, combined with its established infrastructure for quality assurance and emergency fuel logistics, positions it to effectively fulfill the reserve's operational requirements throughout the contract period.
Quick answers
Who was awarded contract 89243524CCR000051?
89243524CCR000051 was awarded to Buckeye Terminals, LLC by Office of Fossil Energy (Department of Energy) on March 29, 2024.
How much is contract 89243524CCR000051 worth?
The government has obligated $5,022,000 on 89243524CCR000051. Its potential value, with all options, is $6,804,000.
Which agency awarded contract 89243524CCR000051?
Office of Fossil Energy (Department of Energy) awarded 89243524CCR000051, with funding from Office of Cyber Security (Department of Energy).
Was contract 89243524CCR000051 competed?
The extent of competition for 89243524CCR000051 was full and open competition. The government received 4 offers.
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