Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FA346
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,644,679
Award facts
- Contract value 100% obligated
- $1,644,678.96 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Modification | $1,544,039 | |
| Other Administrative Action | $48,965 | |
| Other Administrative Action | $51,675 |
About this award
This is a federal contract award to HD Hyundai Oilbank Co., LTD, a South Korea-based company, by the Defense Logistics Agency Energy (DLA Energy) for the provision of aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The $1,644,678.96 fixed-price contract with economic price adjustment has a completion date of December 20, 2017 and was awarded on November 27, 2017. The fuel will be delivered via tankers, barges, trucks, railcars and pipelines to U.S. military installations located in South Korea, Japan, Singapore, Diego Garcia and various ships at sea in support of defense operations across the Western Pacific region. This award is associated with three active Indefinite Delivery Vehicles (IDVs) held by HD Hyundai Oilbank Co., LTD with DLA Energy for the supply of bulk petroleum products to the region through 2024, with a potential value of $22-50 million each.
Quick answers
Who was awarded contract SPE60218FA346?
SPE60218FA346 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on November 27, 2017.
How much is contract SPE60218FA346 worth?
The government has obligated $1,644,679 on SPE60218FA346.
Is contract SPE60218FA346 an order under another contract?
Yes. SPE60218FA346 is a delivery order under SPE60017D0463, an indefinite delivery contract.
Was contract SPE60218FA346 competed?
The extent of competition for SPE60218FA346 was full and open competition.
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