This federal contract award is for the delivery of diesel fuel (DIESEL FUEL, 8502875518) to South Korea. The contract was awarded by the Defense Logistics Agency (DLA Energy) to Hanjin Logistics Corporation, a South Korean global logistics company that specializes in transportation and logistics services for the U.S. federal government, particularly supporting military operations in South Korea.
The contract is a Firm Fixed Price delivery order with a ceiling value of $125,288.00 and an ultimate completion date of February 29, 2016. Hanjin Logistics Corporation is the prime contractor, and there is no indication of any subcontractors. The contract was awarded without any set-aside designations, suggesting the company competed successfully in the open market.
In addition to this specific contract, Hanjin Logistics Corporation holds two significant Indefinite Delivery Vehicles (IDVs) with the Department of the Army Pacific Command: an Indefinite Delivery Contract (IDC) valued at $43,895,571.23 for general cargo services with a focus on bulk petroleum product transportation, and 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 Defense Logistics Agency Energy and the Army to rapidly issue delivery orders for crucial logistics services, ensuring quick and efficient support for military operations in the region.