Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0007
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,463,906
Award facts
- Contract value 100% obligated
- $1,463,905.60 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 | $0 | |
| Modification | $1,463,906 | |
| Other Administrative Action | $0 |
About this award
This federal contract award was issued by the U.S. Department of Defense's Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned, for-profit organization. The $1,463,905.60 firm-fixed-price delivery order is for the supply of 8502057584 turbine fuel, aviation to support U.S. military operations. The award is not set aside for any specific business category.
HD Hyundai Oilbank holds several significant Indefinite Delivery Contracts (IDVs) with DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, which allow DLA Energy to issue multiple fixed-price delivery orders for petroleum products. 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 strategic importance as a key energy supplier to the U.S. Department of Defense.
Quick answers
Who was awarded contract 0007?
0007 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 29, 2015.
How much is contract 0007 worth?
The government has obligated $1,463,906 on 0007.
Is contract 0007 an order under another contract?
Yes. 0007 is a delivery order under SP060015D0454, an indefinite delivery contract.
Was contract 0007 competed?
The extent of competition for 0007 was full and open competition. The government received 17 offers.
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