Turbine fuel, aviation
Ended Awarded
- Contract number
- 0007
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916 Part of Hyundai Heavy Industries Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,140,667
Award facts
- Contract value 100% obligated
- $1,140,667.20 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.
About this award
This is a firm fixed-price 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 $1,140,667.20 contract is for the delivery of aviation turbine fuel, specifically Jet Propulsion Fuel types 5 and 8 (JP5, JP8), to support U.S. military operations in South Korea.
HD Hyundai Oilbank is a key energy supplier to the U.S. Department of Defense, holding several 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 variety of petroleum products, including naval distillate and turbine fuels, to be delivered across the Western Pacific and Middle East regions. The consistent awarding of these high-value contracts underscores HD Hyundai Oilbank's reliability and strategic importance as a critical supplier in the U.S. military's global fuel supply chain.
Quick answers
Who was awarded contract 0007?
0007 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on August 26, 2015.
How much is contract 0007 worth?
The government has obligated $1,140,667 on 0007.
Is contract 0007 an order under another contract?
Yes. 0007 is a delivery order under SPE60015D0481, 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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