Diesel fuel
Ended Awarded
- Contract number
- SPE60521FFE5P
- Awardee
-
SK Energy Co., LTD. UEI TKC7QS2MF144 Part of SK Energy Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $75,770
Award facts
- Contract value 100% obligated
- $75,769.57 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 | -$19,568 | |
| Original award | $95,338 |
About this award
The provided information describes a federal contract award between the U.S. Defense Logistics Agency Energy (DLA Energy) and SK Energy Co., LTD., a South Korean energy company. The contract (SPE60016D1003|SPE60521FFE5P) is for the delivery of diesel fuel, with a ceiling value of $75,769.57. The contract was awarded on October 27, 2020, with a performance period ending on November 30, 2020. The contract is a delivery order under a fixed-price arrangement with economic price adjustment.
SK Energy Co., LTD. is the prime contractor on this award and has no major subcontractors identified. The company is a critical supplier of petroleum-based fuels, including turbine fuel, aviation fuel, and diesel fuel, to U.S. military installations in South Korea and the broader Western Pacific region. SK Energy Co., LTD. 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 as fuel requirements arise. These IDVs cover the performance periods through 2024-2026, demonstrating the U.S. military's long-term reliance on SK Energy Co., LTD. for fuel products in the region.
Quick answers
Who was awarded contract SPE60521FFE5P?
SPE60521FFE5P was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on October 27, 2020.
How much is contract SPE60521FFE5P worth?
The government has obligated $75,770 on SPE60521FFE5P.
Is contract SPE60521FFE5P an order under another contract?
Yes. SPE60521FFE5P is a delivery order under SPE60016D1003, an indefinite delivery contract.
Was contract SPE60521FFE5P competed?
The extent of competition for SPE60521FFE5P was full and open competition.
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