Strategic Storage Keeps US Petroleum Reserve Management Award

Nov. 25, 2025, 3:19 PM UTC

Strategic Storage Partners LLC can move forward with a $2.8 billion maximum value US Department of Energy contract to manage and operate the Strategic Petroleum Reserve, the US Court of Federal Claims said.

Protester National Energy Security Operations LLC showed that the department erred in one instance during the evaluation of bids, by applying unstated management approach evaluation criteria. But this error wasn’t prejudicial, Judge Kathryn C. Davis said in an opinion made public Monday.

Improving National Energy’s management approach rating to address the error wouldn’t have provided it with a substantial chance to win the contract, the court ...

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