Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0006
- 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 federal contract award SP060015D0454|0006 was issued by the Defense Logistics Agency (DLA) Energy, a component of the U.S. Department of Defense, to HD Hyundai Oilbank Co., LTD, a foreign-owned for-profit organization based in South Korea. The contract is for the delivery of 8502041681 - Turbine Fuel, Aviation, with a ceiling value of $1,423,906.60. The contract is structured as a Firm Fixed Price Delivery Order and is not set aside for any specific business category.
HD Hyundai Oilbank is a strategic energy supplier to the U.S. military, holding several Indefinite Delivery Contracts (IDVs) with DLA Energy for the delivery of naval distillate, turbine fuels, and other petroleum products to support operations in the Western Pacific and Middle East regions. The most recent IDV, awarded in November 2023, has a ceiling value of $25,117,187.45 and runs through December 31, 2024. These high-value, single-award IDVs underscore HD Hyundai Oilbank's reliability and importance as a key provider of critical fuel supplies to the U.S. Department of Defense.
Quick answers
Who was awarded contract 0006?
0006 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 23, 2015.
How much is contract 0006 worth?
The government has obligated $1,423,907 on 0006.
Is contract 0006 an order under another contract?
Yes. 0006 is a delivery order under SP060015D0454, an indefinite delivery contract.
Was contract 0006 competed?
The extent of competition for 0006 was full and open competition. The government received 17 offers.
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