Fuel is a huge expense in rural Alaska. Through our Consolidated Bulk Fuel program, Norton Sound Economic Development Corporation (NSEDC) groups orders and negotiates fuel purchases for participants in member communities, allowing for lower fuel prices for residents in the Norton Sound region.
Through the program that began in 2006, NSEDC acts as a fuel purchasing agent on behalf of the participants to coordinate the order, issue a Request for Proposals (RFP) to fuel suppliers, evaluate the proposals and award a contract, while acting as a single point of contact for the fuel supplier and program participants. NSEDC purchases the fuel upfront and charges no interest or fees for administering the program for participants. NSEDC is responsible for all payments to the fuel supplier, offering participants payment plans that are payable directly to NSEDC.
To participate in the program, an entity must have bulk fuel storage with a U.S. Coast Guard approved header and must be a municipal or tribal government, native corporation or local fuel vendor.
For more information contact: