Turbine fuel, aviation

Ended Awarded

Contract number
0005
Awardee
Awarding agency
Obligated
$1,295,334

Award facts

Contract value 100% obligated
$1,295,334.40 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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 is a delivery order 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 delivery of 8502337042 - Turbine Fuel, Aviation to various U.S. military installations and vessels in the Western Pacific and Middle East regions. The firm-fixed-price contract has a ceiling value of $1,295,334.40 and a period of performance through August 5, 2015. This contract is not set aside for any specific business categories.

HD Hyundai Oilbank Co., LTD is a critical 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, underscoring the company's reliability and strategic importance as a key provider of naval distillate and turbine fuels to support U.S. military operations and logistics requirements in the region.

Quick answers

Who was awarded contract 0005?

0005 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 28, 2015.

How much is contract 0005 worth?

The government has obligated $1,295,334 on 0005.

Is contract 0005 an order under another contract?

Yes. 0005 is a delivery order under SPE60015D0481, 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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