Turbine fuel, aviation
Ended Awarded
- Contract number
- 0017
- 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
- $1,212,599
Award facts
- Contract value 100% obligated
- $1,212,599.20 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 fixed-price 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 is for the delivery of 8503877458 - Turbine Fuel, Aviation, with a ceiling value of $1,212,599.20 and an ultimate completion date of December 13, 2016.
The contract is not set aside for any specific business category. HD Hyundai Oilbank Co., LTD is the prime contractor and has been awarded multiple Indefinite Delivery Contracts (IDVs) by DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, which have ceiling values in the tens of millions of dollars. These IDVs allow DLA Energy to issue multiple fixed-price delivery orders for a variety of petroleum products, including naval distillate, turbine fuels with and without additives, to be delivered to U.S. military installations and vessels across the Western Pacific and Middle East regions. The consistent awarding of these high-value, single-award IDVs underscores HD Hyundai Oilbank's reliability and strategic importance as a key energy supplier to the U.S. Department of Defense.
Quick answers
Who was awarded contract 0017?
0017 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on November 28, 2016.
How much is contract 0017 worth?
The government has obligated $1,212,599 on 0017.
Is contract 0017 an order under another contract?
Yes. 0017 is a delivery order under SPE60016D0454, an indefinite delivery contract.
Was contract 0017 competed?
The extent of competition for 0017 was full and open competition. The government received 14 offers.
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