Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FB449
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,796,867
Award facts
- Contract value 100% obligated
- $1,796,866.95 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 | $1,778,506 | |
| Other Administrative Action | $18,361 |
About this award
This is a delivery order awarded by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based foreign-owned for-profit organization, for the supply of turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The $1,796,866.95 fixed-price contract with economic price adjustment covers fuel deliveries to U.S. military installations in South Korea, Japan, Singapore, Diego Garcia, and ships at sea in the Western Pacific region. The contract is not associated with a set-aside program. 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 a potential value of $22-50 million each.
Quick answers
Who was awarded contract SPE60218FB449?
SPE60218FB449 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 26, 2018.
How much is contract SPE60218FB449 worth?
The government has obligated $1,796,867 on SPE60218FB449.
Is contract SPE60218FB449 an order under another contract?
Yes. SPE60218FB449 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FB449 competed?
The extent of competition for SPE60218FB449 was full and open competition.
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