Delivery Order SPE60017D0463-0010

Award Date 4/20/17
Potential Completion Date 5/24/17
Potential Value $957K
Federal Agency
Energy
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
  • SPE60017D0463-0010
    Delivery Order

This federal contract award was issued by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based subsidiary of Hyundai Heavy Industries Co., LTD. The contract is a Delivery Order valued at $957,125.30 for the provision of Aviation Turbine Fuel. The contract has a fixed price with economic price adjustment pricing structure and a completion date of May 24, 2017. HD Hyundai Oilbank has provided various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76 to DLA Energy over the past three years. The goods are delivered to U.S. military installations located in the Western Pacific region. This contract award is associated with three active Indefinite Delivery Vehicles (IDVs) that HD Hyundai Oilbank holds with DLA Energy for the supply of bulk petroleum products to the region through 2024, with potential values ranging from $22 million to $50 million each.

Generated 3/24/24, 4:54 AM