Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0005
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $896,549
Award facts
- Contract value 100% obligated
- $896,548.90 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 | -$176,550 | |
| Original award | $1,073,098 |
About this award
This is a $896,548.90 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 aviation turbine fuel, specifically Jet Propulsion Fuel types 5 and 8 (JP5, JP8), to U.S. military installations and vessels in locations such as South Korea, Japan, Singapore, and Diego Garcia.
The contract is not set aside for any specific business category, indicating that HD Hyundai Oilbank Co., LTD has a competitive position in the market. The company has been awarded multiple high-value Indefinite Delivery Contracts (IDVs) by DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, which allow for the issuance of fixed-price delivery orders for the supply of naval distillate and turbine fuels. These contracts demonstrate HD Hyundai Oilbank's reliability and strategic importance as a key energy supplier to the U.S. Department of Defense, supporting critical military operations and logistics requirements in the Western Pacific and Middle East regions.
Quick answers
Who was awarded contract 0005?
0005 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 10, 2015.
How much is contract 0005 worth?
The government has obligated $896,549 on 0005.
Is contract 0005 an order under another contract?
Yes. 0005 is a delivery order under SPE60016D0459, an indefinite delivery contract.
Was contract 0005 competed?
The extent of competition for 0005 was not competed. The government received 1 offer.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award