Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0012
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,206,510
Award facts
- Contract value 100% obligated
- $1,206,509.69 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 | -$35,430 | |
| Original award | $1,241,940 |
About this award
This is a $1,206,509.69 fixed-price delivery order contract with economic price adjustment 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 8503380957 - Turbine Fuel, Aviation, with an ultimate completion date of August 3, 2016. This delivery order is not set aside for any specific business category.
HD Hyundai Oilbank Co., LTD specializes in petroleum product supply, particularly aviation turbine fuels, for the U.S. Department of Defense. The company has been consistently awarded federal contracts by DLA Energy to supply various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The fuel is delivered to U.S. military installations and vessels across locations such as South Korea, Japan, Singapore, and Diego Garcia, supporting critical military operations and logistics requirements. HD Hyundai Oilbank also holds several significant Indefinite Delivery Contracts (IDVs) with DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, demonstrating its strategic importance as a key energy supplier to the U.S. Department of Defense.
Quick answers
Who was awarded contract 0012?
0012 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on June 28, 2016.
How much is contract 0012 worth?
The government has obligated $1,206,510 on 0012.
Is contract 0012 an order under another contract?
Yes. 0012 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0012 competed?
The extent of competition for 0012 was full and open competition. The government received 14 offers.
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