Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0009
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,256,606
Award facts
- Contract value 100% obligated
- $1,256,606.40 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $71,619 | |
| Original award | $1,184,987 |
About this award
This $1,256,606.40 fixed-price with economic price adjustment delivery order was 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 8503277246 - Turbine Fuel, Aviation, which will be delivered to U.S. military installations and vessels in South Korea.
HD Hyundai Oilbank holds several significant Indefinite Delivery Contracts (IDVs) with DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, which have ceiling values up to $25,117,187.45 and allow for the delivery of approximately 600-800 million gallons of naval distillate, turbine fuels, and other petroleum products. The consistent awarding of these high-value IDVs underscores HD Hyundai Oilbank's role as a key energy supplier to the U.S. Department of Defense's global operations. This specific contract award is not set aside for any particular business category.
Quick answers
Who was awarded contract 0009?
0009 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on May 24, 2016.
How much is contract 0009 worth?
The government has obligated $1,256,606 on 0009.
Is contract 0009 an order under another contract?
Yes. 0009 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0009 competed?
The extent of competition for 0009 was full and open competition. The government received 14 offers.
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