! Contractor-owned, contractor-operated (coco) storage services in accordance with the northeast home heating oil reserve at revere, MA.

Ended Definitive Contract Awarded Last action

Contract number
DEFE0093047
Awardee
Awarding agency
Obligated
$13,956,000

Award facts

Opportunity
  • SP060015R5X01 Solicitation number
Contract value 88% obligated
  • $13,976,000.00 Current, with exercised options
  • $15,811,200.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
493190 Other Warehousing and Storage
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Revere, MA 02151, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action 8 · Correct a system error to obligate the funds for option year three. $3,620,000
Exercise an Option 7 $0
Funding Only Action 6 $1,766,000
Exercise an Option 5 $1,766,000
Other Administrative Action 4 $0
Exercise an Option 3 · Storage services for the dept of energy's northeast home heating oil reserve (nehhor) in new england. Specifically revere, MA. Exercise option period 1 to… $3,444,000
Other Administrative Action 1 · ! Operation of fuel storage buildings and other warehousing and storage. $0
Change PIID 2 $3,360,000
Modification $0
Transfer Action P00001 $0

About this award

This is a $15,811,200.00 firm-fixed price definitive contract awarded by the U.S. Department of Energy's Office of Fossil Energy to Global Companies LLC, a for-profit limited liability company. The contract is for contractor-owned, contractor-operated (COCO) storage services in support of the Northeast Home Heating Oil Reserve (NEHHOR) program in Revere, Massachusetts. The contract has no set-aside designation and was awarded on April 1, 2016 with a performance period through March 31, 2020.

Global Companies LLC is a petroleum storage and distribution services company that has received both federal contract and grant awards to support energy security initiatives and transportation infrastructure security. This contract builds upon previous awards to the company for NEHHOR storage services in New England harbor areas. Global Companies LLC has also secured a Port Security Grant from the Federal Emergency Management Agency and a grant under the USDA's Higher Blends Infrastructure Incentive Program, further demonstrating its involvement in energy-related government initiatives.

Quick answers

Who was awarded contract DEFE0093047?

DEFE0093047 was awarded to Global Companies LLC by Office of Fossil Energy (Department of Energy) on April 1, 2016.

How much is contract DEFE0093047 worth?

The government has obligated $13,956,000 on DEFE0093047. Its current value, with exercised options, is $13,976,000. Its potential value, with all options, is $15,811,200.

Was contract DEFE0093047 competed?

The extent of competition for DEFE0093047 was full and open competition. The government received 1 offer.

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