Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FC550
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- 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
- 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. government awarded a Delivery Order contract valued at $1,867,487.58 to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization. The contract is for the supply of various 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. This Delivery Order contract is issued under a larger Indefinite Delivery Contract (IDC) with the Defense Logistics Agency (DLA) Energy, which has a ceiling value of $25,117,187.45 and runs through December 31, 2024. The contract does not have a set-aside designation, indicating HD Hyundai Oilbank's competitive position in the market. The company has consistently secured high-value IDCs with DLA Energy, valued between $17 million and $32 million, to supply the U.S. military's fuel needs in strategic locations across the Asia-Pacific region.
Quick answers
Who was awarded contract SPE60218FC550?
SPE60218FC550 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on September 18, 2018.
How much is contract SPE60218FC550 worth?
The government has obligated $1,867,488 on SPE60218FC550.
Is contract SPE60218FC550 an order under another contract?
Yes. SPE60218FC550 is a delivery order under SPE60218D0454, an indefinite delivery contract.
Was contract SPE60218FC550 competed?
The extent of competition for SPE60218FC550 was full and open competition.
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