Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FC116
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,780,658
Award facts
- Contract value 100% obligated
- $1,780,658.00 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
The U.S. Defense Logistics Agency (DLA) awarded a fixed-price delivery order contract to HD Hyundai Oilbank Co., Ltd., a South Korean-based foreign-owned for-profit organization, to provide aviation turbine fuel, 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 $1,780,658.00, has an ultimate completion date of August 8, 2018 and was not set aside for any special designation. HD Hyundai Oilbank holds several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, including a recent $25,117,187.45 IDC awarded in November 2023, which allows DLA to issue multiple fixed-price delivery orders for various petroleum products under programs such as WESTPAC (Western Pacific) and FEB (Far East Bulk), highlighting the company's strategic importance as a key energy supplier to the U.S. military in the region.
Quick answers
Who was awarded contract SPE60218FC116?
SPE60218FC116 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 24, 2018.
How much is contract SPE60218FC116 worth?
The government has obligated $1,780,658 on SPE60218FC116.
Is contract SPE60218FC116 an order under another contract?
Yes. SPE60218FC116 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FC116 competed?
The extent of competition for SPE60218FC116 was full and open competition.
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