Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0002
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,001,988
Award facts
- Contract value 100% obligated
- $1,001,988.14 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 · 14 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 | $22,143 | |
| Other Administrative Action | $0 | |
| Original award | $979,845 |
About this award
This is a firm fixed-price delivery order contract 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 supply of 8502811849 - Turbine Fuel, Aviation, with a ceiling value of $1,001,988.14 and a period of performance through February 3, 2016.
The award is not set aside for any specific business category. HD Hyundai Oilbank has been consistently awarded high-value, single-award Indefinite Delivery Contracts (IDVs) by DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, to supply various aviation turbine fuels and naval distillates to support U.S. Department of Defense operations globally. The most recent IDV, awarded in November 2023, has a ceiling value of $25,117,187.45 and runs through December 31, 2024.
Quick answers
Who was awarded contract 0002?
0002 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 6, 2016.
How much is contract 0002 worth?
The government has obligated $1,001,988 on 0002.
Is contract 0002 an order under another contract?
Yes. 0002 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0002 competed?
The extent of competition for 0002 was full and open competition. The government received 14 offers.
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