01 / Contract Profile
89243524CCR000052 Federal Contract Award
Agency code 8900
EXERCISE OPTION PERIOD 2 FOR THE STORAGE OF 200,000 BARRELS OF ULSD FOR THE NEW ENGLAND, SOUTH PORTLAND TERMINAL THROUGH MARCH 31, 2027.
02 / Contract Size and Status
What is the recorded size and timing of this contract?
03 / Spending Trend
89243524CCR000052 contract spending by fiscal year
Annual net obligations across the complete period available for this agency and PIID, from the first recorded fiscal year through the latest contract action.
Latest fiscal year obligations$1.26M
FY 2026Net obligationsComplete recorded range
| Fiscal year | Net obligations | Actions | Change |
|---|---|---|---|
| FY 2024 | $1.20M | 1 | — |
| FY 2025 | $1.23M | 4 | +2.5% |
| FY 2026 | $1.26M | 1 | +2.4% |
04 / Federal Buyer
Which organization manages this contract?
| Department | Contracting agency | Contracting office |
|---|---|---|
| ENERGY, DEPARTMENT OF | ENERGY, DEPARTMENT OF | STRATEGIC PETROLEUM RESERVE |
05 / Contractor
Who holds this federal contract?
PORTLAND TERMINALS, LLC
UEI U77PE2N8CD77 · CAGE 14RW4
06 / NAICS Industries
Which industries classify this contract?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| 493190 | OTHER WAREHOUSING AND STORAGE | $3.69M | 6 | 100.0% |
07 / Products and Services
What products or services were purchased?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| X1GC | LEASE/RENTAL OF FUEL STORAGE BUILDINGS | $3.69M | 6 | 100.0% |
08 / Place of Performance
Where is the work recorded?
SOUTH PORTLAND, CUMBERLAND, MAINE, UNITED STATES
ZIP 041060007
09 / Contract Actions
What modifications and obligations were recorded?
| Signed date | Modification | Obligation | Contracting office | NAICS | PSC |
|---|---|---|---|---|---|
| Mar 27, 2026 | P00005 | $1.26M | STRATEGIC PETROLEUM RESERVEOffice code 892435 | 493190 | X1GC |
| Sep 30, 2025 | P00004 | $0 | STRATEGIC PETROLEUM RESERVEOffice code 892435 | 493190 | X1GC |
| Jun 4, 2025 | P00003 | $0 | STRATEGIC PETROLEUM RESERVEOffice code 892435 | 493190 | X1GC |
| Mar 28, 2025 | P00002 | $1.23M | STRATEGIC PETROLEUM RESERVEOffice code 892435 | 493190 | X1GC |
| Mar 24, 2025 | P00001 | $0 | STRATEGIC PETROLEUM RESERVEOffice code 892435 | 493190 | X1GC |
| Mar 29, 2024 | Base action | $1.20M | STRATEGIC PETROLEUM RESERVEOffice code 892435 | 493190 | X1GC |
10 / Reading the Contract
How should this award record be interpreted?
Read the PIID as a transaction history, not as a single purchase price. Net obligations combine the base action with later increases, reductions, corrections, and deobligations recorded under the same contract.
Verify the buyer
Agency and office identify who manages the procurement relationship.
Follow modifications
Each action can change funding, scope, dates, or administrative terms.
Compare the market
Use NAICS, PSC, and the contractor profile to identify related buyers and competitors.