SP060015D0363 - SHIPS BUNKER FUEL FOR SHIP PROPULSION

This IDC contract for Petro-Chemical Industries > Transportation and Logistics Services, Petro-Chemical Industries > Industrial Products & Services was awarded in FY2015 on March 03, 2015 to GENERAL PETROLEUM CORPORATION by DLA Energy. There have been $22.8M in obligations to date with a ceiling value of $22.8M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 36 offers received. We expect a 4 year duration with ultimate completion date of November 29, 2019.

GENERAL PETROLEUM CORPORATION is a contractor located in CA, doing primarily Petro-Chemical Industries > Transportation and Logistics Services work for Defense. The company receives $3.7M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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.

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Buying Agency/Office

Defense » Defense Logistics Agency (DLA) » DLA Energy

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