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Provision of Onshore Petroleum Reserves for the New Zealand Government

Details

Tender Closed
RFx ID : 25286208
Tender Name : Provision of Onshore Petroleum Reserves for the New Zealand Government
Reference # :
Open Date : Friday, 7 January 2022 11:00 AM (Pacific/Auckland UTC+13:00)
Close Date  : Friday, 28 January 2022 5:00 PM (Pacific/Auckland UTC+13:00)
Tender Type : Request for Tenders (RFT)
Tender Coverage : Sole Agency  [?]
Categories :
  • 15000000 - Fuels and Fuel Additives and Lubricants and Anti corrosive Materials
Regions:
  • New Zealand
Exemption Reason : None
Required Pre-qualifications : None
Contact : Sandra Worboys
TBA
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Agency Address : NEW ZEALAND
Overview

Provision of Petroleum Reserves for the New Zealand Government

Please find attached the Request for Tenders (RFT) for petroleum reserves for the New Zealand Government to be held in New Zealand. Also attached are Tender Response Form and a template Onshore Reserve Stock Agreement.
Note this tender is being run concurrently with a tender to hold petroleum reserves for the New Zealand Government offshore (to be issued 14th January 2022 with the same tender closing date 28th January 2022).


Tender responses will be required, as set out in the RFT, by 5pm UCT 28th January 2022.

For respondents who are interested in the tender but have not yet completed a Registration of Interest please contact MBIE at oilsecurity@mbie.govt.nz.

If there are any questions, please email oilsecurity@mbie.govt.nz (copy ian@haletwomey.co.nz) or telephone Ian Twomey on +64 4 4711109.

RFx Outcome

This tender has been awarded.

  • Timaru Oil Services Limited

Further Award Information:
Agency’s name and address: Ministry of Business, Innovation and Employment ("MBIE"), 15 Stout Street, Wellington 6011, New Zealand
Contract awarded to: Timaru Oil Services Limited, Suite 304, Achilles House, 8 Commerce Street, Auckland 1010. NZBN 9429043354535
Description: New Zealand is a member of the International Energy Agency ("IEA") and a signatory to the Agreement on an International Energy Program ("IEP Agreement"). MBIE issued an RFT in January 2022 for tenders to hold onshore (within New Zealand) reserve stocks for the New Zealand Government to assist the Government to meet its obligations under the IEP Agreement. The type of contract awarded (as more particularly described in the RFT) is a stock reservation contract with an option to either purchase the reserve stocks or release the Supplier from its obligations to reserve the stocks in the circumstances defined in the agreement.
Term of the contract: Commenced on 1st April 2022 for a term of 2 years
Expected total spend for term of contract: Estimated to be around $900,000

Award Date: Friday, 4 February 2022 (Pacific/Auckland UTC+13:00)
Date RFx was completed/updated: Wednesday, 8 June 2022 1:45 PM (Pacific/Auckland UTC+12:00)