LESSON 1
MARKET CONDITIONS AND COMMERCIAL INTERFACE
Critical Tasks: 03-5103.00-0087
03-5103.00-0098
03-5103.00-0076
OVERVIEW
LESSON DESCRIPTION:
In this lesson, you will learn about market conditions and commercial interface, buying cycles, contracts, bids,
and procedures use by the DESC.
TERMINAL LEARNING OBJECTIVE:
ACTION:
The mission of DESC; market factors affecting the price of petroleum; the four
worldwide requirements buying cycles; contract information; the two types of bids used by DESC; the types of
contracts used by DESC, and contract administration procedures and responsibilities.
CONDITIONS:
IAW the corresponding lesson and listed references.
STANDARDS:
Describe the various aspects of how DESC monitors market conditions and interfaces
with commercial industries IAW with references and the corresponding lesson.
REFERENCES:
DOD 4140.25-M, Vol I - IV and Customer Information pamphlet DESC.
INTRODUCTION
The government agency responsible for buying all bulk petroleum products for all government agencies is the
DESC. As a petroleum officer, you may be assigned to a Joint Petroleum Office or to DESC. You must have an
understanding of how DESC purchases bulk petroleum products' and interfaces with commercial industries.
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QM5200