Turbine fuel, aviation

Ended Awarded

Contract number
SPE60218FA816
Awardee
Awarding agency
Obligated
$1,634,683

Award facts

Contract value 100% obligated
$1,634,682.98 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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 is a delivery order contract awarded by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, for the supply of various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to support U.S. Department of Defense operations in the Western Pacific and Middle East regions. The contract, valued at $1,634,682.98, has a fixed price with economic price adjustment pricing type and an ultimate completion date of February 21, 2018. This contract is not set aside for any specific business category. HD Hyundai Oilbank Co., LTD is a major energy supplier to the U.S. military and holds several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, valued between $17 million and $32 million, which serve as the foundation for the company's ongoing fuel supply relationship with the U.S. Department of Defense.

Quick answers

Who was awarded contract SPE60218FA816?

SPE60218FA816 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 29, 2018.

How much is contract SPE60218FA816 worth?

The government has obligated $1,634,683 on SPE60218FA816.

Is contract SPE60218FA816 an order under another contract?

Yes. SPE60218FA816 is a delivery order under SPE60218D0454, an indefinite delivery contract.

Was contract SPE60218FA816 competed?

The extent of competition for SPE60218FA816 was full and open competition.

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