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Magellan Terminals’ $100m Naval Contract

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Magellan Terminals Holdings LP, Tulsa, Oklahoma, has been awarded a maximum $100,516,222 firm fixed price contract for services and related contractor owned, contractor operated fuel storage facilities.

The facilities will have the capability to receive, store, protect and ship aviation turbine fuel and naval distillate. 

This was a competitive acquisition with two responses received. This is a four-year base contract with a one five-year option period. 

Locations of performance are Oklahoma and Texas, with a January 31 2026 performance completion date. 

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