PART 625—PRICE COMPETITIVE SALE OF STRATEGIC PETROLEUM RESERVE PETROLEUM Authority: 15 U.S.C. 761; 42 U.S.C. 7101; 42 U.S.C. 6201. Source: 48 FR 56541, Dec. 21, 1983, unless otherwise noted. § 625.1 Application and purpose. This part shall apply to all price competitive sales of SPR petroleum by DOE. This section provides the rules for developing standard contract terms and conditions and financial and performance responsibility measures; notifying potential purchasers of those terms, conditions and measures; choosing applicable terms, conditions and measures for each sale of SPR petroleum; and notifying potential purchasers of which terms, conditions and measures will be applicable to particular sales of SPR petroleum. § 625.2 Definitions. (a) DOE. et seq. (b) Notice of Sale. (c) Petroleum. (d) Price Competitive Sale. et seq. (e) Purchaser. (f) SPR. (g) Standard Sales Provisions. § 625.3 Standard sales provisions. (a) Contents. (b) Acceptance by offerors. (c) Award of contracts. (d) Contract documents. § 625.4 Publication of the Standard Sales Provisions. (a) Publication. https://www.energy.gov/fe/services/petroleum-reserves/strategic-petroleum-reserve (b) Revisions of the Standard Sales Provisions. Federal Register (c) Notification of applicable clauses. [84 FR 8794, Mar. 12, 2019] § 625.5 Failure to perform in accordance with SPR Contracts of Sale. (a) Ineligibility. (b) Determination of ineligibility. (1) Upon the determination that a purchaser is to be considered for ineligibility, the purchaser shall be sent by certified mail return receipt requested, the following: (i) Notification that the Headquarters Senior Procurement Official is considering making the purchaser ineligible for future awards; (ii) Identification of the SPR sales contract which the purchaser failed to comply with, along with a brief description of the events and circumstances relating to such failure; (iii) Advice that the purchaser may submit in writing for consideration by the Headquarters Senior Procurement Official in determining whether or not to impose ineligibility on the purchaser, any information or argument in opposition to the ineligibility; and (iv) Advice that such information or argument in opposition to the ineligibility must be submitted within a certain time in order to be considered by the Headquarters Senior Procurement Official, such time to be not less than 21 days. (2) After elapse of the time period established under paragraph (b)(1) of this section for receipt of the purchaser's response, the Headquarters Senior Procurement Official, at his discretion, and after consideration of the purchaser's written response, if any, may make the purchaser ineligible for future awards of SPR petroleum sales contracts. Such ineligibility shall continue for the time period determined by the Headquarters Senior Procurement Official, as appropriate under the circumstances. (3) The purchaser shall be notified of the Headquarters Senior Procurement Official's decision. (c) Reconsideration.