Turbine fuel, aviation

Ended Awarded

Contract number
SPE60218FC549
Awardee
Awarding agency
Obligated
$1,867,488

Award facts

Contract value 100% obligated
$1,867,487.58 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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 federal contract award was issued by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD's Special Product Business Team Division, a South Korean-based foreign-owned for-profit organization. The $1,867,487.58 fixed-price delivery order contract is for the supply of aviation turbine fuels, 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 has an ultimate completion date of October 11, 2018 and is not set aside. HD Hyundai Oilbank Co., LTD is a major energy supplier to the U.S. military, holding several Indefinite Delivery Contracts (IDCs) with DLA Energy, including a recent $25,117,187.45 IDC awarded in November 2023 that runs through December 31, 2024. These contracts, which are part of programs such as WESTPAC (Western Pacific) and FEB (Far East Bulk), highlight the strategic importance of HD Hyundai Oilbank's role in maintaining the U.S. military's fuel supply chain in the region.

Quick answers

Who was awarded contract SPE60218FC549?

SPE60218FC549 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on September 18, 2018.

How much is contract SPE60218FC549 worth?

The government has obligated $1,867,488 on SPE60218FC549.

Is contract SPE60218FC549 an order under another contract?

Yes. SPE60218FC549 is a delivery order under SPE60218D0454, an indefinite delivery contract.

Was contract SPE60218FC549 competed?

The extent of competition for SPE60218FC549 was full and open competition.

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