Turbine fuel, aviation
Ended Awarded
- Contract number
- 0006
- 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
- $1,062,511
Award facts
- Contract value 100% obligated
- $1,062,511.20 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 · 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 federal contract award, valued at $1,062,511.20, was issued by the U.S. Department of Defense's Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD., a South Korean-based foreign-owned, for-profit organization. The award is for the delivery of Aviation Turbine Fuel (8503076791 TURBINE FUEL, AVIATION) to support U.S. military operations in the Western Pacific and Middle East regions.
The contract is structured as a Delivery Order under an Indefinite Delivery Contract (IDC) vehicle, with a Fixed Price with Economic Price Adjustment pricing type. This award is not set aside for any specific business categories. HD Hyundai Oilbank is a critical energy supplier to the U.S. Department of Defense, holding several significant IDCs with DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, with a combined ceiling value of $25,117,187.45. These contracts allow DLA Energy to issue multiple fixed-price delivery orders for a range of petroleum products, including naval distillate and 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 0006?
0006 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on March 27, 2016.
How much is contract 0006 worth?
The government has obligated $1,062,511 on 0006.
Is contract 0006 an order under another contract?
Yes. 0006 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0006 competed?
The extent of competition for 0006 was full and open competition. The government received 14 offers.
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