CONUS coco storage services
Active Definitive Contract Awarded Last action
- Contract number
- SPE60322C5001
- Awardee
-
Magellan Terminals Holdings LP UEI JLE1WMNK1CX6 Part of Magellan Midstream Partners, L
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $95,461,932
Award facts
- Opportunity
-
- Contractor-Owned, Contractor Operated (COCO) Fuel Storage Services in Houston, TX Pre-Solicitation · SPE60321R0509 · Posted Apr 15, 2021
- Contract value 61% obligated
-
- $95,461,932.36 Current, with exercised options
- $155,349,522.58 Potential, with all options
- Completion date 50% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 493190 Other Warehousing and Storage
- PSC
- M1NA Operation Of Fuel Supply Facilities
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 2 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Tulsa, OK 74172, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $54,532,900 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $300,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $40,629,032 |
About this award
Magellan Terminals Holdings LP was awarded a definitive firm-fixed-price contract by the Defense Logistics Agency Energy on January 21, 2022, with a ceiling value of $155.3 million for Contractor-Owned Contractor Operated (COCO) storage services. The contract encompasses both CONUS (Continental United States) and OCONUS (Outside Continental United States) fuel storage operations and is scheduled for ultimate completion on July 31, 2031. The primary place of performance is located in Tulsa, Oklahoma. This award was not subject to any set-aside designation and was issued under NAICS code 493190 (Other Warehousing and Storage Services).
The contract requires Magellan Terminals Holdings LP to provide storage and logistics services for three grades of military and commercial aviation fuels: Turbine Fuel Aviation JP-5, Commercial Jet Fuel Jet A, and Naval Distillate F-76. The contractor must maintain minimum storage capacity of 750,000 barrels of JP-5, 300,000 barrels of Jet A, and 300,000 barrels of F-76 across four interconnected tanks per product, with capability to receive fuel via tanker, barge, or pipeline and ship via identical means as well as tank trucks. The contract structure includes a base period of four years commencing February 2022, followed by a five-year option period and potential six-month extension. Magellan Terminals Holdings LP is a division of parent company Magellan Midstream Partners, L.P.
Quick answers
Who was awarded contract SPE60322C5001?
SPE60322C5001 was awarded to Magellan Terminals Holdings LP by Energy (Defense Logistics Agency) on January 21, 2022.
How much is contract SPE60322C5001 worth?
The government has obligated $95,461,932 on SPE60322C5001. Its potential value, with all options, is $155,349,523.
Was contract SPE60322C5001 competed?
The extent of competition for SPE60322C5001 was competed under sap. The government received 2 offers.
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