Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60219FD537
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,512,112
Award facts
- Contract value 100% obligated
- $1,512,111.88 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 | $1,435,304 | |
| Other Administrative Action | $76,808 |
About this award
This federal contract was awarded by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based corporate entity, for the delivery of various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract is a Delivery Order with a potential value of $1,512,111.88 and a fixed-price with economic price adjustment pricing type. It has a completion date of February 20, 2019 and was awarded on January 30, 2019. The contract is not set-aside and the goods are to be delivered to U.S. military installations located in South Korea, Japan, Singapore, Diego Garcia, and various ships at sea in support of defense operations across the Western Pacific region. HD Hyundai Oilbank Co., LTD currently holds three active Indefinite Delivery Vehicles (IDVs) 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 SPE60219FD537?
SPE60219FD537 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 30, 2019.
How much is contract SPE60219FD537 worth?
The government has obligated $1,512,112 on SPE60219FD537.
Is contract SPE60219FD537 an order under another contract?
Yes. SPE60219FD537 is a delivery order under SPE60219D0455, an indefinite delivery contract.
Was contract SPE60219FD537 competed?
The extent of competition for SPE60219FD537 was full and open competition.
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