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
- $1,062,511
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 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 8503076634 - Turbine Fuel, Aviation to locations in South Korea. The contract is a Delivery Order with a Fixed Price with Economic Price Adjustment pricing type, and does not have a set-aside designation.
HD Hyundai Oilbank is a subsidiary of Hyundai Heavy Industries Co., LTD. The company has established itself as a critical energy supplier to the U.S. Department of Defense, holding several Indefinite Delivery Contracts (IDVs) with DLA Energy for the delivery of naval distillate, turbine fuels, and other petroleum products to U.S. military installations and vessels across the Western Pacific and Middle East regions. The most recent IDV, awarded in November 2023, has a ceiling value of $25,117,187.45.
Quick answers
Who was awarded contract 0007?
0007 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on March 27, 2016.
How much is contract 0007 worth?
The government has obligated $1,062,511 on 0007.
Is contract 0007 an order under another contract?
Yes. 0007 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0007 competed?
The extent of competition for 0007 was full and open competition. The government received 14 offers.
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