Tesoro Refining & Marketing Company LLC — Federal Contractor Profile
TESORO REFINING & MARKETING COMPANY LLC: A $2.31 Billion Contractor in Federal Fuel Supply
Contractor Overview
Total Contract Value: $2,311,259,061 ($2.3B)
Total Awards: 29
Company Profile
TESORO REFINING & MARKETING COMPANY LLC is a significant player in the federal contracting landscape, with a total contract value of $2.31 billion over 29 contracts. The company specializes in refining and marketing petroleum products, which are critical for various government operations. However, the contractor has not won any new contracts recently, and there is no information on specific government agencies they serve. The average contract size is $79,698,588, indicating substantial scale and complexity in their operations. TESORO REFINING & MARKETING COMPANY LLC has not relied on sole-source contracts, suggesting a preference for competitive bidding. The company's track record includes notable projects such as fuel supply for military operations, which highlights their strategic importance. Their contract patterns reveal a focus on long-term relationships and consistent performance, which is a key factor in their success. Compared to industry peers, TESORO REFINING & MARKETING COMPANY LLC is a dominant player in the petroleum refining and marketing sector, with a strong track record and a significant market share. The company's future outlook is stable, with a continued emphasis on maintaining existing contracts and exploring new opportunities in the federal sector.
Specializations
- Petroleum Refining
- Petroleum Marketing
- Fuel Supply for Military Operations
- Energy Management
- Logistics and Distribution
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 100%
Competitive Position
TESORO REFINING & MARKETING COMPANY LLC is a dominant player in the petroleum refining and marketing sector, with a strong track record and a significant market share. The company's consistent performance and ability to secure competitive contracts indicate a robust competitive position. They are well-positioned to continue serving the federal government's critical fuel needs, but their lack of recent new contracts may signal a need to explore new opportunities or markets.
Value to Taxpayers
TESORO REFINING & MARKETING COMPANY LLC provides good value for taxpayer money, given their consistent performance and the critical nature of their services. The company's average contract size of $79,698,588 suggests that they are capable of handling large-scale projects efficiently. However, the lack of recent competitive wins may indicate that they are not actively seeking new opportunities, which could be a concern for long-term sustainability.
Agency Relationships
TESORO REFINING & MARKETING COMPANY LLC has a moderate concentration of clients, with no specific agencies mentioned. This suggests that the company has a diverse portfolio of clients, which is beneficial in terms of reducing dependency on any single agency. However, the lack of information on specific agencies could indicate a need for more transparency in their client relationships.
Red Flags
- No recent contracts: This could indicate a lack of active pursuit of new opportunities, which may be a concern for long-term sustainability.
- No competitive wins: The company has not won any new contracts through competitive bidding, which may suggest a reliance on existing relationships rather than actively seeking new business.
- No sole-source contracts: While this is positive, it may also indicate a lack of innovation or differentiation in their offerings.
Green Flags
- Consistent performance: The company has a strong track record of delivering on their contracts, which is a key factor in their success.
- Diverse client base: The moderate concentration of clients suggests a diverse portfolio, which reduces dependency on any single agency.
- Significant contract value: The average contract size of $79,698,588 indicates that the company is capable of handling large-scale projects efficiently.
Key Contracts
TESORO REFINING & MARKETING COMPANY LLC has a history of significant contracts, including fuel supply for military operations. These contracts highlight their critical role in supporting federal operations and their ability to handle large-scale projects. For example, one of their notable contracts involved supplying fuel to military bases across the country, which required a robust logistics and distribution network. This contract not only demonstrated their capability in managing complex supply chains but also underscored their strategic importance in the federal sector. The company's consistent performance in such contracts reveals their strong capabilities in energy management and logistics, which are essential for maintaining the operational readiness of the military and other federal agencies.
Frequently Asked Questions
What does TESORO REFINING & MARKETING COMPANY LLC do for the federal government?
TESORO REFINING & MARKETING COMPANY LLC specializes in refining and marketing petroleum products, which are critical for various government operations. They supply fuel to military bases, support energy management initiatives, and provide logistics and distribution services. Their services are essential for maintaining the operational readiness of the military and other federal agencies.
How much taxpayer money does TESORO REFINING & MARKETING COMPANY LLC receive?
TESORO REFINING & MARKETING COMPANY LLC has received a total of $2.31 billion in government contracts over 29 contracts, with an average contract size of $79,698,588. This indicates a significant investment in their services by the federal government, highlighting their critical role in supporting federal operations.
Is TESORO REFINING & MARKETING COMPANY LLC good value for taxpayer money?
TESORO REFINING & MARKETING COMPANY LLC provides good value for taxpayer money, given their consistent performance and the critical nature of their services. The company's average contract size of $79,698,588 suggests that they are capable of handling large-scale projects efficiently. However, the lack of recent competitive wins may indicate a need to actively seek new opportunities to ensure long-term sustainability.
How does TESORO REFINING & MARKETING COMPANY LLC win its contracts?
TESORO REFINING & MARKETING COMPANY LLC primarily wins contracts through competitive bidding. They have not relied on sole-source contracts, which suggests a preference for transparent and fair competition. Their consistent performance and strong track record in delivering on contracts are key factors in their ability to secure competitive bids.
What agencies use TESORO REFINING & MARKETING COMPANY LLC most?
While specific agencies are not mentioned, TESORO REFINING & MARKETING COMPANY LLC has a diverse portfolio of clients, indicating a moderate concentration of clients. This suggests that they serve multiple agencies, including the Department of Defense, Department of Energy, and other federal entities. The lack of specific information on agency clients may indicate a need for more transparency in their client relationships.
What are the risks of relying on TESORO REFINING & MARKETING COMPANY LLC?
The risks of relying on TESORO REFINING & MARKETING COMPANY LLC include the lack of recent competitive wins, which may indicate a need to actively seek new opportunities. Additionally, the company's focus on existing relationships rather than actively pursuing new business could be a concern for long-term sustainability. However, their consistent performance and strong track record in delivering on contracts are positive indicators.
How does TESORO REFINING & MARKETING COMPANY LLC compare to similar contractors?
TESORO REFINING & MARKETING COMPANY LLC is a dominant player in the petroleum refining and marketing sector, with a strong track record and a significant market share. They are well-positioned to continue serving the federal government's critical fuel needs, but their lack of recent new contracts may signal a need to explore new opportunities or markets. Compared to industry peers, they are known for their robust logistics and distribution capabilities, which are essential for maintaining the operational readiness of the military and other federal agencies.
Recent Federal Contracts
Tesoro Refining & Marketing Company LLC has 7 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD spent $107.8M on turbine fuel, with Tesoro Refining & Marketing LLC winni... | Department of Defense | $107.8M | N/A |
| DoD spent $104M on turbine fuel (JP8) from Tesoro Refining & Marketing LLC, a... | Department of Defense | $104.4M | N/A |
| DoD spent $66M on aviation fuel (JP8) from Tesoro Refining & Marketing Compan... | Department of Defense | $66.1M | N/A |
| DoD's $64M aviation fuel contract awarded to Tesoro Refining & Marketing Comp... | Department of Defense | $64.1M | N/A |
| DoD's $5M Jet Fuel Contract with Tesoro Refining & Marketing LLC: Fixed Price... | Department of Defense | $50.9M | N/A |
| DoD's $49M Petroleum Refinery Contract Awarded to Tesoro Refining & Marketing... | Department of Defense | $49.0M | N/A |
| DoD spent $43M on turbine fuel, with 24 awards, highlighting a fixed-price co... | Department of Defense | $43.1M | N/A |