Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0005
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,423,907
Award facts
- Contract value 100% obligated
- $1,423,906.60 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 17 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- South Korea
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $1 | |
| Original award | $1,423,906 |
About this award
This is a delivery order contract awarded by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned, for-profit organization. The contract is for the supply of 8502041672 - Turbine Fuel, Aviation, with a ceiling value of $1,423,906.60 and a performance period ending on June 2, 2016. The contract is a firm fixed-price delivery order, and there is no set-aside designation.
HD Hyundai Oilbank Co., LTD is a key energy supplier to the U.S. Department of Defense, holding several significant Indefinite Delivery Contracts (IDVs) with DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs. The most recent IDV, awarded in November 2023, has a ceiling value of $25,117,187.45 and runs through December 31, 2024. These IDVs allow DLA Energy to issue multiple fixed-price delivery orders for petroleum products, including naval distillate, turbine fuels with and without additives, to be transported via various means to U.S. military installations and vessels across locations such as South Korea, Japan, Singapore, and Diego Garcia.
Quick answers
Who was awarded contract 0005?
0005 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 23, 2015.
How much is contract 0005 worth?
The government has obligated $1,423,907 on 0005.
Is contract 0005 an order under another contract?
Yes. 0005 is a delivery order under SP060015D0454, an indefinite delivery contract.
Was contract 0005 competed?
The extent of competition for 0005 was full and open competition. The government received 17 offers.
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