Diesel fuel
Ended Awarded Last action
- Contract number
- SPE60519FVZ89
- Awardee
-
SK Energy Co., LTD. UEI TKC7QS2MF144 Part of SK Energy Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $71,259
Award facts
- Contract value 100% obligated
- $71,258.90 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- PSC
- 9140 Fuel Oils
- Set-aside
- No set-aside
- Competition
- Full and Open Competition 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 | -$40,652 | |
| Original award | $111,911 |
About this award
This federal contract award, with ID SPE60016D1003|SPE60519FVZ89, was issued by the Defense Logistics Agency Energy (DLA Energy) to SK Energy Co., LTD., a South Korean energy company, for the supply of 8,506,561 gallons of diesel fuel. The contract, valued at $71,258.90, is a fixed-price delivery order with economic price adjustment. It does not have a set-aside designation, indicating SK Energy Co., LTD. competed for the award.
SK Energy Co., LTD. is a critical fuel supplier for U.S. military operations in the Asia-Pacific region, with a history of providing large quantities of jet fuel, aviation fuel, and diesel fuel to U.S. military installations in South Korea. The company holds four significant Indefinite Delivery Contracts (IDVs) with DLA Energy, collectively valued at approximately $292 million, which enable the agency to efficiently issue task orders for fuel requirements. These IDVs cover turbine fuel, aviation fuel, and diesel fuel deliveries in South Korea and the broader Western Pacific through 2024-2026, demonstrating the U.S. military's long-term reliance on SK Energy Co., LTD. as a reliable petroleum products supplier.
Quick answers
Who was awarded contract SPE60519FVZ89?
SPE60519FVZ89 was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on May 24, 2019.
How much is contract SPE60519FVZ89 worth?
The government has obligated $71,259 on SPE60519FVZ89.
Is contract SPE60519FVZ89 an order under another contract?
Yes. SPE60519FVZ89 is a delivery order under SPE60016D1003, an indefinite delivery contract.
Was contract SPE60519FVZ89 competed?
The extent of competition for SPE60519FVZ89 was full and open competition.
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