D--Notice of Intent to Sole Source to Argus Media
Overview
Buyer
Place of Performance
NAICS
PSC
Set Aside
Original Source
Timeline
Qualification Details
Fit reasons
- NAICS alignment with historical contract wins in similar service areas.
- Scope strongly matches core technical capabilities and delivery model.
Risks
- Past performance thresholds may require one additional teaming partner.
- Potential clarification needed on staffing minimums before bid/no-bid.
Next steps
Validate eligibility requirements, assign capture owner, and schedule partner outreach to confirm teaming strategy before submission planning.
Quick Summary
The Strategic Petroleum Reserve Project Management Office (SPR PMO), under the Department of Energy, has issued a Notice of Intent to Sole Source for a subscription to Argus Media, Inc. products. This acquisition aims to provide critical real-time crude oil and refined product pricing, trading data, news, and analysis. Capability statements from responsible sources are due by February 19, 2026.
Scope of Work
The SPR PMO intends to acquire a comprehensive suite of Argus Media products, including Argus Crude, Argus Crude and Refined Products Outlook, Argus Forward Curves – Americas Crude Oil, Argus Petroleum Transportation North America, Argus Possibility Curve, Argus Tanker Freight, Argus US Products, Argus Global Markets, and Argus Refinery Gate Values. These products deliver essential real-time crude oil and refined product pricing, crude oil deals/trading data, news and analysis, and daily alerts/commentaries on significant market events. The subscription will benefit the U.S. Department of Energy Office of Petroleum Reserves, the Strategic Petroleum Reserve Project Management Office, and the Oak Ridge National Lab.
Contract & Timeline
- Type: Notice of Intent to Sole Source (Special Notice)
- Procurement Method: In accordance with FAR Part 12
- Duration: Base year + four one-year options
- Set-Aside: None (Sole Source)
- Capability Statement Due: February 19, 2026, 2:00 p.m. Central Time
- Published: February 12, 2026
Evaluation
This is not a request for competitive proposals or quotes. However, responsible sources may submit a capability statement demonstrating their ability to satisfy the Government's requirements. The Agency will consider these statements, but the decision not to compete based on responses remains solely at the Government's discretion.
Additional Notes
Questions regarding this notice should be directed via email only to Mary C. Roark at mary.roark@spr.doe.gov.