Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FB878
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,794,028
Award facts
- Contract value 100% obligated
- $1,794,028.01 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 | $1,779,074 | |
| Other Administrative Action | $14,954 |
About this award
This federal contract award was made by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based company, for the delivery of various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract is a Delivery Order with a Fixed Price with Economic Price Adjustment pricing type and has a potential value of $1,794,028.01. The contract does not have a set-aside designation. The goods are to be delivered 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 contract is associated with three active Indefinite Delivery Vehicles (IDVs) held by HD Hyundai Oilbank with DLA Energy for the supply of bulk petroleum products to the region through 2024, with potential values ranging from $22 to $50 million per IDV.
Quick answers
Who was awarded contract SPE60218FB878?
SPE60218FB878 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on June 25, 2018.
How much is contract SPE60218FB878 worth?
The government has obligated $1,794,028 on SPE60218FB878.
Is contract SPE60218FB878 an order under another contract?
Yes. SPE60218FB878 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FB878 competed?
The extent of competition for SPE60218FB878 was full and open competition.
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