Crude Oil Purchase
Closed Solicitation Posted
- Solicitation number
- 89243520RFE000016
- Agency
- Office of Fossil Energy Department of Energy
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 424720 Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
- PSC
- 9999 Miscellaneous Items
Notice details come from SAM.gov. Updated .
About this opportunity
The Department of Energy's Strategic Petroleum Reserve Project Management Office seeks offers for a trial purchase of up to one million barrels of sweet crude oil produced in the United States. Offerors must specify the crude oil type and grade, delivery location, price, and other details on the offer form by June 1, 2020. Pricing will be determined based on daily NYMEX WTI futures settlements, with quality adjustments for any variances from specifications. Delivery schedules are due by June 18 for evaluation and award notification will occur by June 3, with finalized purchase agreements in place by June 10 for crude oil deliveries to SPR sites at Bryan Mound, Big Hill, and Bayou Choctaw between July 1-31, 2020.
There is no set-aside designated for this solicitation. Crude petroleum and natural gas NAICS code 211111 and PSC code 4810 will apply. Potential offerors are domestic crude oil producers capable of supplying one million barrels for delivery to SPR sites in Texas and Louisiana in July 2020. Final awards are expected to total up to one million barrels with a value dependent on market prices for sweet crude oil at the time of delivery.
Notice text
2 versions
Update #2 · Latest ·
Strategic Petroleum Reserve Trial Purchase of Up To One (1) Million Barrels of Sweet Crude Oil Produced in the United States by United States Producers
Amendment 0001 is issued to extend the proposal due date to June 1, 2020, 10:00 a.m. Central Time, and to make other changes as outlined in the Amendment 0001 file
Update #1 ·
Strategic Petroleum Reserve Trial Purchase of Up To One (1) Million Barrels of Sweet Crude Oil Produced in the United States by United States Producers
Attachments
| File | Type | Posted |
|---|---|---|
| Amendment 0001 RFP No. 89243520RFE000016.pdf | ||
| RFP_89243520RFE000016 Trial Purchase 1MMB Sweet.pdf |
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