Management and operation of the strategic petroleum reserve facilities

Active Definitive Contract Awarded Last action

Contract number
89243525CCR000073
Awardee
Awarding agency
Obligated
$430,092,546

Award facts

Opportunity
Contract value 16% obligated
  • $1,451,329,254.00 Current, with exercised options
  • $2,617,216,723.00 Potential, with all options
Completion date 14% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Office of Cyber Security Department of Energy
NAICS code
561210 Facilities Support Services
Set-aside
No set-aside
Competition
Full and Open Competition · 6 offers Negotiated Proposal / Quote
Pricing
Cost Plus Award Fee
Place of performance
New Orleans, LA 70123, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00016 · The purpose of this modification is to obligate funds in the amount of $9,000.00 to this contract for additional CAT funding. $9,000
Other Administrative Action P00015 · This admin MOD is issued to correct modification number P00014 dated 08/28/2026 which inadvertently identified the $3,000.00 of fund type 00412, obligated as… -$3,000
Funding Only Action P00014 · The purpose of this MOD is to provide funding to cover the spectrum study for the west hackberry 23 GHZ microwave project. $3,000
Other Administrative Action P00013 · The purpose of this MOD is to update the list of directives in section j, attachment f $0
Funding Only Action P00012 · The purpose of this MOD is to provide incremental to fund the m & o contract annual operating plan. $5,557,538
Funding Only Action P00011 · The purpose of this MOD is to provide incremental funding and to increase the FY26 overtime premium ceiling $173
Funding Only Action P00009 · The purpose of this modification is to obligate funds in the amount of $5,100.24 to this contract for additional CAT funding for SSP, travel cost. $5,100
Funding Only Action P00008 · The purpose of this modification is to correct MOD no. P00007 by decreasing the cumulative funding by $20 to reflect the correct cumulative funding amount of… $85,499,980
Funding Only Action P00007 · The purpose of this modification is to recast the uncosted obligation balance from the previous management & operating contract (contract no. DE-FE0011020) to… $65,020,763
Funding Only Action P00006 · This modification is issued to provide incremental funding in the amount of $34.9M for the life extension 2 program and $12.5M for facilities and management. $12,500,000
Supplemental Agreement for work within scope P00005 · This modification is issued to update the estimated cost and fee tables in section b, to revise the period of performance, to establish a monthly provisional… $0
Funding Only Action P00004 · This modification provides incremental funding for $50M disaster recovery and $160M fill maintenance program. $210,000,000
Funding Only Action P00003 · This modification provides incremental funding for 34% of the annual operating plan (AOP) through february of non-labor and 75% of march labor. IT also includes… $51,000,000
Other Administrative Action P00002 · Update pay and benefits corporate h clause in accordance with policy flash 2025-31; add compliance with federal anti-discrimination laws corporate h clause in… $0
Other Administrative Action P00001 · Remove DEI contract requirements per executive orders $0
Original award $499,992
Show all 16

About this award

Written by GovTribe AI ·

The Department of Energy's Office of Cyber Security awarded a definitive contract to Strategic Storage Partners, LLC for management and operation of Strategic Petroleum Reserve facilities on April 15, 2025.

This modification obligates $9,000 in additional CAT funding. The contract carries a cost-plus-award-fee pricing structure with a ceiling value of $2.617 billion and an ultimate completion date of November 23, 2035. Place of performance is New Orleans, LA.

Quick answers

Who was awarded contract 89243525CCR000073?

89243525CCR000073 was awarded to Strategic Storage Partners, Llc. by Office of Fossil Energy (Department of Energy) on April 15, 2025.

How much is contract 89243525CCR000073 worth?

The government has obligated $430,092,546 on 89243525CCR000073. Its current value, with exercised options, is $1,451,329,254. Its potential value, with all options, is $2,617,216,723.

Which agency awarded contract 89243525CCR000073?

Office of Fossil Energy (Department of Energy) awarded 89243525CCR000073, with funding from Office of Cyber Security (Department of Energy).

Was contract 89243525CCR000073 competed?

The extent of competition for 89243525CCR000073 was full and open competition. The government received 6 offers.

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