Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FC117
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,794,148
Award facts
- Contract value 100% obligated
- $1,794,148.19 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 |
|---|---|---|
| Other Administrative Action | $13,490 | |
| Original award | $1,780,658 |
About this award
This federal contract award is a Delivery Order issued 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 provision of aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract has a potential value of $1,794,148.19 and a completion date of August 29, 2018. The contract type is Fixed Price with Economic Price Adjustment, and the goods are to be delivered to various U.S. military installations in South Korea, Japan, Singapore, Diego Garcia, and ships at sea in the Western Pacific region. This Delivery Order 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 $22-50 million each.
Quick answers
Who was awarded contract SPE60218FC117?
SPE60218FC117 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 24, 2018.
How much is contract SPE60218FC117 worth?
The government has obligated $1,794,148 on SPE60218FC117.
Is contract SPE60218FC117 an order under another contract?
Yes. SPE60218FC117 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FC117 competed?
The extent of competition for SPE60218FC117 was full and open competition.
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