UNSPSC 71171501: Crude oil value adjustment service

Allocation of produced crude oil and condensate regarding partner ownership of produced hydrocarbons

UNSPSC 71171501 Crude oil value adjustment service is a Commodity code that shows no relevant recent state and local procurement activity. The two opportunities posted under this code—Rob Sullivan Park irrigation improvements (City of DeBary, Florida, competitive bid) and armored car services (School Board of Polk County, Florida, ITB)—are unrelated to crude oil pricing adjustment or petroleum product valuation services. The code's nominal scope does not align with what state and local governments are actually procuring under this designation in the current market.

The mismatch between the code's intended function and the work being tagged to it suggests either a data classification error in the state and local procurement systems or a situation in which the code is being misapplied by issuing bodies. Business development professionals tracking genuine crude oil value adjustment opportunities should verify the correct UNSPSC codes being used by energy-purchasing agencies, utilities, and state procurement offices before committing resources to monitor activity under this designation.