This contract award is for the delivery of diesel fuel to support U.S. military operations in South Korea. The prime contractor is Hanjin Logistics Corporation, a South Korean global logistics company that specializes in transportation and logistics services for the U.S. federal government, particularly the Department of Defense.
The contract, valued at $591,795.00, is a firm fixed-price delivery order awarded by the Defense Logistics Agency (DLA) Energy, a component of the Department of Defense. It has an ultimate completion date of January 31, 2016. The contract does not have a set-aside designation, indicating that Hanjin Logistics Corporation competed successfully in the open market.
In addition to this delivery order, Hanjin Logistics Corporation holds two significant Indefinite Delivery Vehicles (IDVs) with the Department of the Army Pacific Command. The first is an Indefinite Delivery Contract (IDC) valued at $43,895,571.23, which provides general cargo services with a specific emphasis on bulk petroleum product transportation. The second is a Blanket Purchase Agreement (BPA) valued at $36,432,116.38 for unscheduled pick-up and delivery of general cargo. These multiple-award IDVs enable the DLA Energy and the Army to rapidly issue delivery orders for crucial logistics services, ensuring quick and efficient support for military operations in the region.