Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FB450
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,778,506
Award facts
- Contract value 100% obligated
- $1,778,506.43 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 federal contract award to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, to provide various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to the U.S. Department of Defense. The contract, valued at $1,778,506.43, is a Delivery Order awarded by the Defense Logistics Agency (DLA) Energy. It is structured as a Fixed Price with Economic Price Adjustment contract, without any set-aside designation. HD Hyundai Oilbank is a major energy supplier to the U.S. military, supporting operations in the Western Pacific and Middle East regions. The company holds several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, valued between $17 million and $32 million, which serve as the foundation for its ongoing fuel supply relationship with the U.S. Department of Defense.
Quick answers
Who was awarded contract SPE60218FB450?
SPE60218FB450 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 26, 2018.
How much is contract SPE60218FB450 worth?
The government has obligated $1,778,506 on SPE60218FB450.
Is contract SPE60218FB450 an order under another contract?
Yes. SPE60218FB450 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FB450 competed?
The extent of competition for SPE60218FB450 was full and open competition.
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