OCONUS coco storage services
Active Definitive Contract Awarded Last action
- Contract number
- SPE60324C5003
- Awardee
-
Philippine Coastal Storage & Pipeline Corporation UEI XAF8F7LYPM12
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $90,455,437
Award facts
- Opportunity
-
- Contractor-Owned, Contractor-Operated (COCO) Fuel Storage Services in Subic Bay, Republic of the Philippines Pre-Solicitation · SPE60323R0504 · Posted Mar 6, 2023
- Contract value 39% obligated
-
- $90,455,437.44 Current, with exercised options
- $231,048,964.80 Potential, with all options
- Completion date 29% 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 · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Philippines
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $0 | |
| Funding Only Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $90,455,437 |
About this award
The Department of Energy awarded a definitive firm fixed price contract valued at $231.0 million to Philippine Coastal Storage & Pipeline Corporation (doing business as Harrison Mcbeal Resources, Inc.) on January 30, 2024, for Overseas Continental United States (OCONUS) coco storage services. The contract extends through July 30, 2033, and will be performed in the Philippines. This contract was awarded without a set-aside designation and originated from a pre-solicitation posted on March 6, 2023.
The contract supports the Department of Energy's strategic storage and logistics operations outside the continental United States. Philippine Coastal Storage & Pipeline Corporation will provide specialized storage services related to coco materials, which supports the department's defense-related energy infrastructure and supply chain management objectives. The nine-year contract term reflects the long-term nature of the storage services required, with the firm fixed price structure providing cost certainty for the government throughout the performance period.
Quick answers
Who was awarded contract SPE60324C5003?
SPE60324C5003 was awarded to Philippine Coastal Storage & Pipeline Corporation by Energy (Defense Logistics Agency) on January 30, 2024.
How much is contract SPE60324C5003 worth?
The government has obligated $90,455,437 on SPE60324C5003. Its potential value, with all options, is $231,048,965.
Was contract SPE60324C5003 competed?
The extent of competition for SPE60324C5003 was competed under sap. The government received 1 offer.
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