Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Code 424720
Child
Popular Federal Contract Opportunities
Not listed
Popular Federal Contract Awards
Not listed

NAICS 424720 encompasses Petroleum and Petroleum Products Merchant Wholesalers, specifically those dealing with petroleum products excluding bulk stations and terminals. These entities primarily focus on the wholesale distribution of various petroleum-based fuels, including gasoline, diesel, jet fuel, propane, and other refined petroleum products. The wholesalers act as intermediaries between petroleum producers and end-users, facilitating fuel procurement for government agencies, commercial enterprises, and other organizations.

Federal Contract Awards in this category demonstrate a diverse range of fuel procurement activities across multiple government agencies. Notable awards include the U.S. Coast Guard purchasing fuel for operations in the Bahamas from Morton Bahamas Limited, with contract values ranging from $1,000 to $240,000. The Department of State frequently awards contracts for fuel delivery to overseas embassies, while agencies like the Federal Correctional Institutions procure diesel fuel for facility operations. Most awards are firm fixed-price purchase orders with durations typically spanning several months to a year. Small business set-asides are common, with many contracts awarded to women-owned, veteran-owned, and minority-owned businesses. Funding agencies include the Department of Homeland Security, Department of State, Department of Justice, and Department of Energy.

Recent Federal Contract Opportunities highlight fuel procurement needs across various government operations. The Department of Energy is seeking multiple purchases of U.S. produced crude oil for the Strategic Petroleum Reserve, with solicitations ranging from 1.5 to 6 million barrels. The Department of State has multiple international solicitations for fuel delivery, including requests for fuel in the Philippines, Greece, Liberia, and Azerbaijan. Other opportunities include propane supply for correctional facilities, fuel cards for government vehicles, and specialized fuel requirements for military air shows and training centers. Most opportunities are unrestricted or set aside for small businesses, with performance locations spanning domestic and international settings, including U.S. territories and diplomatic missions worldwide.

Generated 1/18/25, 12:17 AM