Turbine fuel, aviation
Ended Awarded
- Contract number
- 0001
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,486,191
Award facts
- Contract value 97% obligated
-
- $1,486,191.20 Current, with exercised options
- $1,539,334.40 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.
About this award
This federal contract award, SPE60015D0481|0001, was issued by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned, for-profit organization. The $1,539,334.40 firm fixed-price delivery order is for the supply of 8502148342 TURBINE FUEL, AVIATION to support U.S. military operations, with an ultimate completion date of June 23, 2015.
HD Hyundai Oilbank 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 a range of petroleum products, including turbine fuels, to be delivered to U.S. military installations and vessels across locations such as South Korea, Japan, Singapore, and Diego Garcia.
Quick answers
Who was awarded contract 0001?
0001 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on May 27, 2015.
How much is contract 0001 worth?
The government has obligated $1,486,191 on 0001. Its potential value, with all options, is $1,539,334.
Is contract 0001 an order under another contract?
Yes. 0001 is a delivery order under SPE60015D0481, an indefinite delivery contract.
Was contract 0001 competed?
The extent of competition for 0001 was full and open competition. The government received 17 offers.
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