Turbine fuel, aviation
Ended Awarded
- Contract number
- 0010
- 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
- $1,184,987
Award facts
- Contract value 100% obligated
- $1,184,987.20 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 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 $1,184,987.20, is for the supply of aviation turbine fuel (8503277307 - TURBINE FUEL, AVIATION) to support U.S. military operations in the Western Pacific and Middle East regions.
The contract is not set aside for any specific business category. HD Hyundai Oilbank has a history of being awarded high-value, single-award Indefinite Delivery Contracts (IDVs) by DLA Energy, including the WESTPAC and FEB programs, which allow for the delivery of various petroleum products, such as naval distillate and turbine fuels, to U.S. military installations and vessels worldwide. The most recent IDV awarded to the company in November 2023 has a ceiling value of $25,117,187.45 and runs through December 31, 2024.
Quick answers
Who was awarded contract 0010?
0010 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on May 24, 2016.
How much is contract 0010 worth?
The government has obligated $1,184,987 on 0010.
Is contract 0010 an order under another contract?
Yes. 0010 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0010 competed?
The extent of competition for 0010 was full and open competition. The government received 14 offers.
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