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Massachusetts Town of Nantucket·Massachusetts

IFB - Supply and Delivery of Petroleum Products

Closes 11/17/2026$150k – $450kInvitation for Bid
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Description

The Town of Nantucket is seeking a vendor to supply and deliver petroleum products (gasoline, diesel, and other distillates) to the island for a three‑year period beginning January 1 2027. The contract is a single‑item, multi‑year supply that will be awarded to the lowest‑responsive bidder. The solicitation is open‑market, allowing any qualified supplier to compete, and electronic quotes are accepted. No budget or quantity details are disclosed in the posted summary, so bidders must provide their own pricing for the full three‑year term. • Supply and deliver all required petroleum fuels to the island on an as‑needed basis. • Contract term: January 1 2027 – December 31 2029 (3 years). • Submission deadline: November 17 2026 2:00 PM (electronic quote). • No pre‑bid conference or site visit required; primary contact is Cindy Hsu (Town of Nantucket).

Attached files

Contact

Cindy Hsu(Primary Purchaser)

procurement@nantucket‑ma.gov

(508) 228‑7201

Key dates

Opened
10/21/2026
Closes
11/17/2026
Duration
3 years

Last updated

Details

Type
Invitation for Bid
Industry
Energy and Utilities
NAICS
424720
Solicitation №
BD-27-1301-2-2-134386

Budget estimate

$150,000 – $450,000

No contract value is disclosed, but a three‑year fuel supply for an entire island typically runs in the low‑to‑mid‑hundreds of thousands of dollars annually, depending on volume and price volatility. Assuming average consumption of 500,000 gallons per year at $2.50‑$3.00 per gallon, total contract value could range from roughly $3.1 million to $4.5 million over three years. Vendors would earn the full contract amount as revenue, so a realistic net profit estimate might be 5‑10 % of that, yielding a budget range of about $150,000 – $450,000.

AI estimate from the solicitation

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