Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0016
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,310,130
Award facts
- Contract value 100% obligated
- $1,310,130.40 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $1,310,130 |
About this award
This is a federal contract award from the U.S. Department of Defense's 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 aviation turbine fuels, specifically Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to support U.S. military operations in the Western Pacific and Middle East regions. The contract is a Delivery Order with a ceiling value of $1,310,130.40 and a fixed price with economic price adjustment pricing type. The contract is not set aside for any specific business category. HD Hyundai Oilbank Co., LTD is a critical 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, with a combined ceiling value of $25,117,187.45 through December 31, 2024.
Quick answers
Who was awarded contract 0016?
0016 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on October 26, 2016.
How much is contract 0016 worth?
The government has obligated $1,310,130 on 0016.
Is contract 0016 an order under another contract?
Yes. 0016 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0016 competed?
The extent of competition for 0016 was full and open competition. The government received 14 offers.
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