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Department of Energy Awarded a Contract to STRATEGIC STORAGE PARTNERS, LLC. for $2,802,714,522.00

Signed on

4/3/2025, 12:00 AM

STRATEGIC STORAGE PARTNERS, LLC. Government Contract #89243525CCR000073

STRATEGIC STORAGE PARTNERS, LLC. was awarded a contract with the United States Government for $2,802,714,522.00. The contract was awarded by the agency office STRATEGIC PETROLEUM RESERVE, which is a division with the Department of Energy within the Department of Energy.

Summary of Award

The recipient of the federal contract for managing and operating the Strategic Petroleum Reserve facilities is Strategic Storage Partners, LLC. The contract, funded by the Department of Energy, is worth $499,992. The contract involves support services management. There are no notable spending patterns or transactions listed at this time.

Contract Details

Contract ID89243525CCR000073
Contract TypeD
Total Obligation$499,992.00
Exercised Options$1,379,731,317.00
Base Amount + Options$2,802,714,522.00
Date Signed2025-04-03
Contract DescriptionMANAGEMENT AND OPERATION OF THE STRATEGIC PETROLEUM RESERVE FACILITIES
Start Date2025-04-15
End Date2030-06-14

Agency Details

Awarding AgencyDepartment of Energy
Awarding Sub AgencyDepartment of Energy
Awarding OfficeSTRATEGIC PETROLEUM RESERVE
Funding AgencyDepartment of Energy
Funding Sub AgencyDepartment of Energy
Funding OfficeOFC CYBERSECURITY, (CESER)

Recipient Details

RecipientSTRATEGIC STORAGE PARTNERS, LLC.
Recipient Location1200 BRICKYARD LN STE 202 BATON ROUGE LOUISIANA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00007$65,020,763.10March 31, 2026

Department of Energy, a sub agency of Department of Energy, issued a payment of $65,020,763.10 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$12,500,000.00February 26, 2026

Department of Energy, a sub agency of Department of Energy, issued a payment of $12,500,000.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00January 29, 2026

Department of Energy, a sub agency of Department of Energy, issued a payment of $0.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$210,000,000.00December 15, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $210,000,000.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$51,000,000.00November 26, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $51,000,000.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00June 18, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $0.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00April 22, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $0.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$499,992.00April 3, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $499,992.00 to STRATEGIC STORAGE PARTNERS, LLC.. The payment included a Subsidy Cost of $0.00.