Crude Oil Purchase

Closed Solicitation Posted

Solicitation number
89243524RCR000025
Agency
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
Points of contact
More information

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of Energy Office of Fossil Energy is seeking to purchase approximately 4.5 million barrels of U.S. produced sour crude oil for the Strategic Petroleum Reserve. The solicitation is for the goods only, with no set-aside designation. Key contract requirements include the oil meeting specific quality standards and the vendor having the capability to deliver the full quantity within the specified timeline. Evaluation will focus on the offeror's ability to meet the delivery schedule and the price per barrel. Proposals are due by June 17, 2024.

This procurement does not have a set-aside designation, and there is no information provided about potential incumbents or current contractors. The total value of the contract is not specified, but the quantity of 4.5 million barrels provides a key numerical detail. The place of performance is not explicitly stated, but the oil is required to be U.S. produced, indicating the delivery locations will likely be domestic.

Notice text

Purchase of Approximately Four Million and Five Hundred Thousand Barrels (4.5MMB) of US Produced Sour Crude Oil for the Strategic Petroleum Reserve

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