Notice of Intent to Sole Source to Argus Media

Closed Special Notice Posted

This opportunity was awarded. See the award notice from .

Solicitation number
89243526QCR000003
Agency
Responses due
Set-aside
No set-aside

Opportunity facts

More information

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of Energy Office of Fossil Energy has issued a Notice of Intent to Sole Source to Argus Media, Inc. for a subscription to multiple market data and analysis products. This special notice was posted on February 12, 2026, and represents a non-competitive procurement action under FAR Part 12. The Strategic Petroleum Reserve Project Management Office intends to award this contract to Argus Media on a sole source basis, with the contract to be used by three government entities: the U.S. Department of Energy Office of Petroleum Reserves, the Strategic Petroleum Reserve Project Management Office, and Oak Ridge National Lab. The procurement is classified under NAICS 519290 (Web Search Portals and All Other Information Services) and PSC DA10 (IT and Telecom - Business Application/Application Development Software as a Service). This special notice explicitly states it is not a request for competitive proposals or quotes.

The primary objective of this acquisition is to obtain a comprehensive suite of Argus Media products that provide real-time crude oil and refined product pricing, trading data, market analysis, and daily alerts concerning significant petroleum market events. Although this is a sole source procurement, responsible sources may submit capability statements by the deadline of 2:00 p.m. Central Time on February 19, 2026, which the government will consider at its sole discretion. Capability statements must include documentation demonstrating the submitter's ability to satisfy the government's requirements, though submission does not guarantee the government will compete the procurement. The resulting award will consist of a base year with four one-year options, providing contract continuity for the three designated government sites. Interested parties should direct all questions to Mary C. Roark at mary.roark@spr.doe.gov, with communication via email only.

Notice text

The Strategic Petroleum Reserve Project Management Office intends to acquire a subscription with Argus Media, Inc., 2929 Allen Pkwy. Suite 1800, Houston, TX 77019, for the following suite of products on a sole source basis: Argus Crude, Argus Crude and Refined Products Outlook, Argus Forward Curves – Americas Crude Oil, Argus Petroleum Transportation North America, Argus Possibility Curve, Argus Tanker Freight, Argus US Products, Argus Global Markets, and Argus Refinery Gate Values. These products provide real time crude oil and refined product pricing, crude oil deals/trading data, news and analysis, and daily alerts and commentaries pertaining to significant oil and refined product market events to the following three sites: the U.S. Department of Energy Office of Petroleum Reserves, the Strategic Petroleum Reserve Project Management Office, and the Oak Ridge National Lab. This award will consist of a base year and four one-year options. The resulting procurement will be conducted in accordance with FAR Part 12. THIS IS NOT A REQUEST FOR COMPETITIVE PROPOSALS/QUOTES. Responsible sources may submit a capability statement in response to this requirement which shall be considered by the Agency. Capability statements must be received NO LATER THAN 2:00 p.m. Central Time on Thursday, February 19, 2026, and shall include documentation on ability to satisfy the Government’s requirements. A determination by the Government not to compete based upon responses to this notice is solely within the discretion of the Government. Questions concerning this notice should be directed to Mary C. Roark via email only: mary.roark@spr.doe.gov.

Notice history

Notice Type Posted
Argus Media Subscription Award Award Notice
This notice Latest special notice Special Notice

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