Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FB236
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,635,406
Award facts
- Contract value 100% obligated
- $1,635,406.43 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 is a $1,635,406.43 delivery order contract awarded to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, by the Defense Logistics Agency (DLA) Energy. The contract is 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 across the Western Pacific and Middle East regions.
The contract is structured as a fixed-price with economic price adjustment and does not have a set-aside designation, indicating HD Hyundai Oilbank's competitive position in the market. The company has several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, including a recent $25,117,187.45 IDC awarded in November 2023, which serves as the foundation for its ongoing fuel supply relationship with the U.S. military. These IDCs, such as the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, highlight the strategic importance of HD Hyundai Oilbank's role in maintaining the U.S. military's fuel supply chain in the region.
Quick answers
Who was awarded contract SPE60218FB236?
SPE60218FB236 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on March 28, 2018.
How much is contract SPE60218FB236 worth?
The government has obligated $1,635,406 on SPE60218FB236.
Is contract SPE60218FB236 an order under another contract?
Yes. SPE60218FB236 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FB236 competed?
The extent of competition for SPE60218FB236 was full and open competition.
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