The northeast home heating oil reserve (nehhor) storage of 200,000 ulsd in chelsea, MA.

Active Definitive Contract Awarded Last action

Contract number
89243524CCR000053
Awardee
Awarding agency
Obligated
$5,025,828

Award facts

Opportunity
Contract value 74% obligated
  • $5,025,828.00 Current, with exercised options
  • $6,802,620.00 Potential, with all options
Completion date 64% 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
Chelsea, MA 02150, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00004 · Exercise option period 2 for the storage of 200,000 barrels of ulsd for the new england area, at the chelsea, MA, terminal through march 31, 2027. $1,725,036
Other Administrative Action P00003 · Remove DEI contract requirements per executive orders $0
Exercise an Option P00002 · Exercise option period 1 for the storage of 200,000 barrels of ultra low sulfur diesel (ulsd) in the new england area, to include chelsea, MA, and incorporate… $1,674,792
Other Administrative Action P00001 · The purpose for this modification is to allow for the transfer of 125,000 barrels of ulsd from its current storage location at the chelsea broadway terminal… $0
Original award $1,626,000

About this award

Written by GovTribe AI ·

The Department of Energy awarded Global Companies LLC a $6.8M firm-fixed price definitive contract on March 29, 2024, to store 200,000 barrels of Ultra Low Sulfur Diesel (ULSD) at its Chelsea, Massachusetts terminal through March 31, 2028. This contract represents an exercise of an option period for the Northeast Home Heating Oil Reserve (NEHHOR) program, which maintains strategic fuel reserves for the New England region to support energy security and heating oil availability during supply disruptions. The award was made without a set-aside designation, reflecting competitive procurement for this critical infrastructure service.

Global Companies LLC specializes in petroleum storage and distribution services and has demonstrated its capacity to perform this mission through previous NEHHOR contracts, including a prior award in March 2020 valued at $4.5M for similar storage services. The company's expertise in managing fuel reserves, combined with its existing infrastructure and operational track record, positioned it as the selected contractor to maintain this essential component of the nation's energy security posture during the five-year performance period ending in 2028.

Quick answers

Who was awarded contract 89243524CCR000053?

89243524CCR000053 was awarded to Global Companies LLC by Office of Fossil Energy (Department of Energy) on March 29, 2024.

How much is contract 89243524CCR000053 worth?

The government has obligated $5,025,828 on 89243524CCR000053. Its potential value, with all options, is $6,802,620.

Which agency awarded contract 89243524CCR000053?

Office of Fossil Energy (Department of Energy) awarded 89243524CCR000053, with funding from Office of Cyber Security (Department of Energy).

Was contract 89243524CCR000053 competed?

The extent of competition for 89243524CCR000053 was full and open competition. The government received 4 offers.

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