Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- 0017
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $854,619
Award facts
- Contract value 100% obligated
- $854,619.15 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 14 offers 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 |
|---|---|---|
| Funding Only Action | -$348,894 | |
| Original award | $1,203,513 |
About this award
The U.S. Defense Logistics Agency Energy (DLA Energy) awarded a Delivery Order contract to HD Hyundai Oilbank Co., LTD, a South Korea-based company, for the supply of aviation turbine fuel, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract has a potential value of $854,619.15 and is fixed price with economic price adjustment. The fuel will be delivered to U.S. military installations in South Korea, Japan, Singapore, Diego Garcia, and ships at sea in support of defense operations in the Western Pacific region. HD Hyundai Oilbank currently holds three active Indefinite Delivery Vehicle (IDV) contracts 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.
Quick answers
Who was awarded contract 0017?
0017 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on June 26, 2017.
How much is contract 0017 worth?
The government has obligated $854,619 on 0017.
Is contract 0017 an order under another contract?
Yes. 0017 is a delivery order under SPE60017D0463, an indefinite delivery contract.
Was contract 0017 competed?
The extent of competition for 0017 was full and open competition. The government received 14 offers.
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