Gresham Petroleum Co

Gresham Petroleum Co, a self-certified small disadvantaged business headquartered in Indianola, Mississippi, supplies diesel fuel, automotive gasoline, aviation turbine fuel, ethanol, and related petroleum products to the Department of Defense and federal civilian agencies as a prime contractor exclusively under Total Small Business set-asides. The company operates 100% as a prime, with no subcontract activity, and competes exclusively within the small business set-aside universe.

Customer concentration is extreme and creates significant single-customer dependency. Defense Logistics Agency Energy represents 99 awards (53% of total awards) worth $20.1 million in combined potential value—94% of Gresham's overall portfolio. The remaining four customer agencies (Department of the Interior Fish and Wildlife Service Region 4, Department of Agriculture Agricultural Research Service Field Research Implementation and Information Delivery, Department of the Interior Fish and Wildlife Service, and Department of Agriculture Agricultural Research Service Central Program Planning Coordination and Support) collectively account for 51 awards (27%) and $565 thousand in potential value. Coverage of the top four customers by award count reaches 82% of awards; by potential value, the top five reach 99%, a tight concentration anchored entirely by DLA Energy's fuel procurement.

The core vehicle is a single-award indefinite-delivery contract (SPE60526D8505) awarded by Defense Logistics Agency Energy on January 1, 2026, with a $17.7 million ceiling through November 30, 2028, reserved for Total Small Business set-asides. Gresham holds 96 task orders under this vehicle worth $2.3 million in combined potential value—representing the overwhelming majority of recent activity. The IDIQ supports fuel supply across nine southeastern states (Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, North Carolina, and South Carolina) for Defense and federal civilian locations. Gresham also holds three other DLA parent vehicles (DLA60083D4125, DLA60084D4094, and a basic ordering agreement DLA60082D4346), each carrying only one or two task orders. All work is performed in Indianola, Mississippi.

Activity shows explosive recent growth driven by DLA Energy procurement. The vendor received only three awards in 2016, six in 2017, two in 2018, two in 2022, and then 97 awards in 2026 alone—nearly all delivery orders under the January 2026 IDIQ award. This trajectory reflects Gresham's award of the single-award DLA Energy contract and the resulting high-velocity small-order fuel supply work characteristic of commodity procurement. The source data spans 1982 to July 2026, but awards clustering in 2026 indicates the vendor's recent emergence as an active DLA Energy supplier. A second concentration appears in awards to the Department of Agriculture Agricultural Research Service Field Research Implementation and Information Delivery (37 awards, $364 thousand), driven by fuel supply to research stations, and 12 awards to the Department of the Interior Fish and Wildlife Service Region 4 for bulk fuel supply to Theodore Roosevelt National Wildlife Refuge in Indianola, completed October 2, 2025 ($129 thousand).

The portfolio is highly commoditized. Top NAICS categories are Petroleum Refineries (101 awards), Petroleum and Petroleum Products Merchant Wholesalers except Bulk Stations and Terminals (63 awards), and Petroleum Bulk Stations and Terminals (10 awards). Top PSC codes are Liquid Propellants and Fuels, Petroleum Base (92 awards) and Fuel Oils (88 awards). All delivery orders use fixed-price pricing with economic price adjustment. Individual order values typically range from $2,300 to $70,000, with completion dates falling within days of award—characteristic of small, rapid-turn fuel supply operations. Combined obligated dollars across 187 awards total $4 million (19% of the $21.3 million combined potential value), indicating the portfolio's payment trajectory lags ceiling values, typical of ongoing delivery-order vehicles.