Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0004
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $903,927
Award facts
- Contract value 100% obligated
- $903,927.04 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
- Not Competed · 1 offer Only One Source
- 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 | -$217,933 | |
| Original award | $1,121,860 |
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 8502729673 Turbine Fuel, Aviation, with a ceiling value of $903,927.04 and a period of performance through December 17, 2015.
HD Hyundai Oilbank is a key energy supplier to the U.S. Department of Defense, having been awarded several high-value Indefinite Delivery Contracts (IDVs) by DLA Energy for the delivery of naval distillate, turbine fuels, and other petroleum products to U.S. military installations and vessels across the Western Pacific and Middle East regions. This delivery order contract is not set aside for any specific business category, indicating HD Hyundai Oilbank's competitive position in the market. The fuel is to be delivered to locations in South Korea to support critical military operations and logistics requirements.
Quick answers
Who was awarded contract 0004?
0004 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 1, 2015.
How much is contract 0004 worth?
The government has obligated $903,927 on 0004.
Is contract 0004 an order under another contract?
Yes. 0004 is a delivery order under SPE60016D0459, an indefinite delivery contract.
Was contract 0004 competed?
The extent of competition for 0004 was not competed. The government received 1 offer.
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