SPE60223D0494 - 4610104466 TURBINE FUEL AVIATION
Federal Contract Award Search » IDC Award
This IDC contract for Petro-Chemical Industries > Transportation and Logistics Services was awarded in FY2023 on Sep 8, 2023 to Valero Energy Corporation by Energy - Bulk Petroleum Products Division. There have been $356M in obligations to date with a ceiling value of $499.4M, showing a 71% burn rate so far on the contract. The contract was not competed under any preference program with 19 offers received. We expect a 1 year duration with ultimate completion date of Sep 29, 2024.
Valero Energy Corporation is a contractor located in TX, doing primarily Petro-Chemical Industries > Transportation and Logistics Services work for Defense. The company receives $353.7M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- SPE60223D0494
- Contractor
- VALERO MARKETING AND SUPPLY COMPANY
- Obligations to Date
- $356M
- Ceiling Value
- $499.4M
- Award Date
- 09/08/2023
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Defense»Defense Logistics Agency (DLA)»DLA Energy»Energy - Supplier Operations Directorate»Energy - Bulk Petroleum Products Division
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| SPE60223FX355 | VALERO MARKETING AND SUPPLY COMPANY | $5.5M | 09/25/2023 |
| SPE60223FX353 | VALERO MARKETING AND SUPPLY COMPANY | $5.5M | 09/29/2023 |
| SPE60224FX471 | VALERO MARKETING AND SUPPLY COMPANY | $3.8M | 10/06/2023 |
| SPE60224FX472 | VALERO MARKETING AND SUPPLY COMPANY | $4.2M | 10/06/2023 |
| SPE60224FX473 | VALERO MARKETING AND SUPPLY COMPANY | $6M | 10/06/2023 |
| SPE60224FX470 | VALERO MARKETING AND SUPPLY COMPANY | $3.8M | 10/06/2023 |
| SPE60224FX559 | VALERO MARKETING AND SUPPLY COMPANY | $3.9M | 10/18/2023 |
| SPE60224FX560 | VALERO MARKETING AND SUPPLY COMPANY | $5.5M | 10/18/2023 |
| SPE60224FX674 | VALERO MARKETING AND SUPPLY COMPANY | $4.2M | 10/26/2023 |
| SPE60224FX676 | VALERO MARKETING AND SUPPLY COMPANY | $1.8M | 10/26/2023 |
| SPE60224FX675 | VALERO MARKETING AND SUPPLY COMPANY | $4.2M | 10/26/2023 |
| SPE60224FX751 | VALERO MARKETING AND SUPPLY COMPANY | $3.2M | 11/02/2023 |
| SPE60224FX731 | VALERO MARKETING AND SUPPLY COMPANY | $3.9M | 11/02/2023 |
| SPE60224FX730 | VALERO MARKETING AND SUPPLY COMPANY | $3.9M | 11/02/2023 |
| SPE60224FX848 | VALERO MARKETING AND SUPPLY COMPANY | $3.7M | 11/15/2023 |
| SPE60224FX891 | VALERO MARKETING AND SUPPLY COMPANY | $3.9M | 11/16/2023 |
| SPE60224FX942 | VALERO MARKETING AND SUPPLY COMPANY | $4.5M | 11/21/2023 |
| SPE60224FX941 | VALERO MARKETING AND SUPPLY COMPANY | $1.6M | 11/21/2023 |
| SPE60224FX939 | VALERO MARKETING AND SUPPLY COMPANY | $4.5M | 11/21/2023 |
| SPE60224FY026 | VALERO MARKETING AND SUPPLY COMPANY | $1.2M | 11/28/2023 |
