Turbine fuel, aviation
Ended Awarded
- Contract number
- 0008
- 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
- $1,090,130
Award facts
- Contract value 100% obligated
- $1,090,130.40 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 is a 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, valued at $1,090,130.40, is for the delivery of aviation turbine fuel (JP5 and JP8) to U.S. military installations and vessels in South Korea. The contract is not set aside for any specific business category.
HD Hyundai Oilbank is a key energy supplier to the U.S. Department of Defense, holding several significant 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 range of petroleum products, including naval distillate and turbine fuels, to be transported via various means to support U.S. military operations in the Western Pacific and Middle East regions.
Quick answers
Who was awarded contract 0008?
0008 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 26, 2016.
How much is contract 0008 worth?
The government has obligated $1,090,130 on 0008.
Is contract 0008 an order under another contract?
Yes. 0008 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0008 competed?
The extent of competition for 0008 was full and open competition. The government received 14 offers.
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