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  5. ›Gasoline, Unleaded & Diesel Fuel, Fixed Price

Awarded contract·Fauquier County·Virginia

Gasoline, Unleaded & Diesel Fuel, Fixed Price

Won by James River Solutions, LLC$8MAwarded 9/28/2022Single Award
Contract source

Awarded vendors

  • James River Solutions, LLC

Description

Fauquier County Government & Public Schools entered into a firm‑fixed‑price, blanket fuel‑supply contract with James River Solutions, LLC for E10 unleaded gasoline and ULSD diesel. The agreement establishes a base NYMEX spot price plus a small fixed differential, covers delivery to the county fleet maintenance facility and to Liberty High School, and includes optional one‑year renewals. Recent amendments (Mod 006 and Mod 005) adjust quantities and extend the term for gasoline (14 Aug 2026‑14 Nov 2026) and diesel (15 Jun 2026‑30 Apr 2028). The contract mandates ASTM‑compliant fuel, on‑site testing, and rapid emergency delivery response. • Primary commodities: E10 gasoline and ULSD diesel (price‑differential fixed‑price model). • Delivery points: County fleet tank (Warrenton) and Liberty High School tank (Bealeton). • Term: 1 Sep 2022 – 14 Nov 2026 with up to four one‑year renewal options; latest amendments extend diesel through Apr 2028. • Volume: Original annual quantities ~260 k gal each fuel; amendments add 88 k gal gasoline and 506 k gal diesel.

Attached files

Key dates

Bids closed
8/18/2022
Intent to award
9/28/2022
Awarded
9/28/2022
Contract modified
8/24/2026
Starts
9/1/2022
Ends
11/14/2026Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Indefinite Delivery / Indefinite Quantity (IDIQ)
Industry
Energy and Utilities
NAICS
424720
Solicitation №
03-23ksc

Contract value

$8,000,000

The original contract priced roughly $2.424 per gallon of gasoline and $3.263 per gallon of diesel (NYMEX spot plus differential). With the baseline annual volumes of 260,000 gal each, the first‑year spend is about $630k (gas) + $848k (diesel) ≈ $1.48 M. Four optional one‑year renewals would push the total to roughly $5.9 M. Add the two recent amendments: 88,000 gal gasoline at $3.014 ≈ $265k, and 506,000 gal diesel at $3.146 ≈ $1.59 M. Including these amendments and assuming the renewals are exercised, the contract’s overall exposure likely falls in the $7‑$9 M range. A conservative midpoint estimate of $8 M is therefore reasonable.

AI estimate from the award documents

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