Delivery Order SPE60017D0463-0007

This is a $913,816.27 fixed-price delivery order contract with economic price adjustment awarded by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based foreign-owned for-profit organization. The contract is for the supply of turbine fuel, aviation to support U.S. Department of Defense (DOD) operations in South Korea. The award is not associated with any set-aside program. HD Hyundai Oilbank Co., LTD currently holds three active Indefinite Delivery Vehicle (IDV) contracts with DLA Energy for the supply of bulk petroleum products, including naval distillate and turbine fuels, to DOD locations across the Western Pacific and Middle East regions. These IDVs have potential values ranging from $22 million to $50 million each.