Turbine fuel, aviation

Ended Awarded

Contract number
0005
Awardee
Awarding agency
Obligated
$926,321

Award facts

Contract value 100% obligated
$926,320.80 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 · 14 offers Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
South Korea

Award details come from SAM.gov/FPDS.

About this award

This is a federal contract award from the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned, for-profit organization. The contract, a Delivery Order under the WESTPAC (Western Pacific) and FEB (Far East Bulk) Indefinite Delivery Contracts (IDVs), is for the supply of 8502840888 - Aviation Turbine Fuel. The contract has a ceiling value of $926,320.80 and is a Fixed Price with Economic Price Adjustment type. There is no set-aside designation for this award. HD Hyundai Oilbank, through its Special Product Business Team Division, has a strategic role in maintaining the U.S. Department of Defense's global fuel supply chain, delivering aviation and naval fuels to military installations and vessels across the Western Pacific and Middle East regions. The parent company of HD Hyundai Oilbank is Hyundai Heavy Industries Co., LTD.

Quick answers

Who was awarded contract 0005?

0005 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 14, 2016.

How much is contract 0005 worth?

The government has obligated $926,321 on 0005.

Is contract 0005 an order under another contract?

Yes. 0005 is a delivery order under SPE60016D0454, an indefinite delivery contract.

Was contract 0005 competed?

The extent of competition for 0005 was full and open competition. The government received 14 offers.

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