Diesel fuel
Ended Awarded Last action
- Contract number
- SPE60520FAK3Y
- Awardee
-
SK Energy Co., LTD. UEI TKC7QS2MF144 Part of SK Energy Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $163,915
Award facts
- Contract value 100% obligated
- $163,914.98 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 | -$14,875 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $178,790 |
About this award
This federal contract award is to SK Energy Co., LTD., a South Korean energy company, for the supply of diesel fuel to the U.S. Department of Defense. The contract, awarded by the Defense Logistics Agency Energy (DLA Energy), has a ceiling value of $163,914.98 and is a fixed-price delivery order with economic price adjustment. The contract does not have a set-aside designation, indicating SK Energy Co., LTD. was competitively selected.
SK Energy Co., LTD. is the prime contractor and has no major subcontractors identified. The company has a strong track record of providing petroleum-based fuel products, including over 50 million gallons of jet fuel and 14 million gallons of diesel fuel, to U.S. military installations in South Korea and the broader Western Pacific region. In addition to this specific delivery order, SK Energy Co., LTD. holds four significant Indefinite Delivery Contracts (IDVs) with DLA Energy, collectively valued at approximately $292 million, for turbine fuel, aviation fuel, and diesel fuel supply in the region through 2024-2026.
Quick answers
Who was awarded contract SPE60520FAK3Y?
SPE60520FAK3Y was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on October 24, 2019.
How much is contract SPE60520FAK3Y worth?
The government has obligated $163,915 on SPE60520FAK3Y.
Is contract SPE60520FAK3Y an order under another contract?
Yes. SPE60520FAK3Y is a delivery order under SPE60016D1003, an indefinite delivery contract.
Was contract SPE60520FAK3Y competed?
The extent of competition for SPE60520FAK3Y was full and open competition.
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