Turbine fuel, aviation

Ended Awarded

Contract number
SPE60218FB764
Awardee
Awarding agency
Obligated
$3,316,418

Award facts

Contract value 100% obligated
$3,316,418.25 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 $3,351,601
Other Administrative Action P00001 -$10,800
Other Administrative Action P00002 · 8505584226 ! Turbine fuel, aviation -$24,382

About this award

This federal contract award is for the delivery of turbine fuel, aviation to the U.S. Department of Defense in South Korea. The contract was awarded to SK Energy Co., LTD., a South Korean energy company that specializes in supplying petroleum-based fuel products to the U.S. military. The contract is a delivery order with a fixed-price with economic price adjustment pricing structure, valued at $3,316,418.25. This award is not associated with a set-aside designation.

SK Energy Co., LTD. has a long history of providing fuel support to U.S. military operations in the Asia-Pacific region. The company holds four significant Indefinite Delivery Contracts (IDVs) with the Defense Logistics Agency Energy (DLA Energy), collectively valued at approximately $292 million, covering the supply of turbine fuel, aviation fuel, and diesel fuel to various locations in South Korea and the Western Pacific through 2024-2026. These IDVs enable DLA Energy to efficiently issue task orders to ensure a reliable fuel supply chain for critical defense operations in the region.

Quick answers

Who was awarded contract SPE60218FB764?

SPE60218FB764 was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on June 11, 2018.

How much is contract SPE60218FB764 worth?

The government has obligated $3,316,418 on SPE60218FB764.

Is contract SPE60218FB764 an order under another contract?

Yes. SPE60218FB764 is a delivery order under SPE60218D0456, an indefinite delivery contract.

Was contract SPE60218FB764 competed?

The extent of competition for SPE60218FB764 was full and open competition.

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