Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FA158
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,421,571
Award facts
- Contract value 100% obligated
- $1,421,570.51 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 Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- South Korea
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for the delivery of turbine fuel, aviation to support U.S. Department of Defense (DOD) operations in the Western Pacific region. The contract was awarded by the Defense Logistics Agency Energy (DLA Energy) to the prime contractor HD Hyundai Oilbank Co., LTD, a South Korea-based corporate entity that provides petroleum products to the DOD.
The contract is a fixed-price delivery order with economic price adjustment valued at $1,421,570.51. It has a completion date of November 8, 2017. The contract does not have a set-aside designation. HD Hyundai Oilbank currently holds three active Indefinite Delivery Vehicles (IDVs) 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 SPE60218FA158?
SPE60218FA158 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on October 25, 2017.
How much is contract SPE60218FA158 worth?
The government has obligated $1,421,571 on SPE60218FA158.
Is contract SPE60218FA158 an order under another contract?
Yes. SPE60218FA158 is a delivery order under SPE60017D0463, an indefinite delivery contract.
Was contract SPE60218FA158 competed?
The extent of competition for SPE60218FA158 was full and open competition.
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