Delivery Order SPE60017D0463-0003

Award Date 1/25/17
Potential Completion Date 3/8/17
Potential Value $935K
Federal Agency
Energy
Ultimate Awardee
Not listed
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Full and Open Competition
Major Defense Program
Not listed
Pricing Type
Fixed Price with Economic Price Adjustment
Place of Performance
South Korea
Solicitation Procedures
Negotiated Proposal / Quote
Number Of Offers Received
14
Legislative Mandate
Not listed
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
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  • SPE60017D0463
    Indefinite Delivery Contract
  • SPE60017D0463-0003
    Delivery Order

This is a 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 fuels, specifically Jet Propulsion Fuel types 5 and 8 (JP5, JP8), to U.S. military installations and vessels across locations such as South Korea, Japan, Singapore, and Diego Garcia. The contract has a ceiling value of $935,379.45 and is structured as a fixed-price with economic price adjustment. This award is not set aside for any specific business category.

HD Hyundai Oilbank Co., LTD holds several significant Indefinite Delivery Contracts (IDVs) with DLA Energy, including the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, which allow DLA Energy to issue multiple fixed-price delivery orders for petroleum products. The most recent IDV, awarded in November 2023, has a ceiling value of $25,117,187.45 and runs through December 31, 2024. These IDVs demonstrate HD Hyundai Oilbank's reliability and strategic importance as a key energy supplier to the U.S. Department of Defense.

Generated 4/2/25, 10:11 PM