Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60218FA918
- Awardee
-
SK Energy Co., LTD. UEI TKC7QS2MF144 Part of SK Energy Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,970,720
Award facts
- Contract value 100% obligated
- $2,970,720.14 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 | $3,015,720 | |
| Other Administrative Action | -$45,000 |
About this award
This federal contract award was issued by the Defense Logistics Agency Energy (DLA Energy) to SK Energy Co., LTD., a South Korean energy company, for the supply of turbine fuel, aviation fuel, and diesel fuel to support U.S. military operations in South Korea and the Western Pacific region. The contract, valued at $2,970,720.14, is a delivery order under a larger Indefinite Delivery Contract (IDC) with DLA Energy, collectively worth approximately $292 million. The contract does not have a set-aside designation, indicating SK Energy's competitive position in the market. Through this and other IDCs, SK Energy has provided over 50 million gallons of jet fuel worth $130 million and 14 million gallons of diesel fuel valued at over $3 million to U.S. military installations in the Asia-Pacific theater. The long-term nature of these IDCs, with performance periods extending through 2024-2026, demonstrates the U.S. military's reliance on SK Energy as a critical fuel supplier for its defense operations in the region.
Quick answers
Who was awarded contract SPE60218FA918?
SPE60218FA918 was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on February 20, 2018.
How much is contract SPE60218FA918 worth?
The government has obligated $2,970,720 on SPE60218FA918.
Is contract SPE60218FA918 an order under another contract?
Yes. SPE60218FA918 is a delivery order under SPE60218D0456, an indefinite delivery contract.
Was contract SPE60218FA918 competed?
The extent of competition for SPE60218FA918 was full and open competition.
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