Labspring Pricing Programs & Options

Labspring offers a wide variety of financial options that can be customized to meet the specific growing needs of your company or government entity. These include the following:

Firm Prices 

The most common method of price management is Firm Forward Pricing (FFP).

With FFP you choose the best way to manage your fuel costs. Price protection is available for as little as one week or as long as two years.

Additionally, FFP offers short term, easy to reference price protection.

Caps

Cap programs allow you to cap your fuel costs at a predetermined ceiling price, typically 5 to 6 cents per gallon above a firm price. You pay the lesser of two prices, either the ceiling price or the average posted price of the nearest supply city on the date of delivery plus 1 cent per gallon.

Collars

Collar programs allow identification of a guaranteed range in which fuel costs are price protected. This range is commonly a reference cost plus and minus 4¢ per gallon (i.e., reference cost 85¢, a protected range from 81¢ - 89¢ per gallon).

Fuel Swaps

Fuel swaps allow you to cost manage your fuels with PTC while purchasing fuel from a different supplier. If you are contracted to or prefer a specific brand or oil company, a fuel swap gives you insurance against potential price volatility and price spikes to your rack postings. You don't have to change the existing relationship with your current supplier.

For more information on how we can assist you with your fuel management needs, please give us a call at 1-800-309-FUEL (3835) or E-Mail us at sales@labspring.com.