Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60219FD726
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,561,942
Award facts
- Contract value 100% obligated
- $1,561,941.60 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 | $1,552,534 | |
| Other Administrative Action | $9,408 |
About this award
This federal contract award was issued by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization. The $1,561,941.60 fixed-price delivery order is for the supply of turbine fuel, aviation to support U.S. military operations in the Western Pacific region, including South Korea, Japan, Singapore, and Diego Garcia. The contract has a period of performance through March 27, 2019 and was awarded on February 26, 2019. This delivery order is associated with three active Indefinite Delivery Vehicles (IDVs) held by HD Hyundai Oilbank with DLA Energy for the supply of bulk petroleum products to the region through 2024, with potential values ranging from $22 million to $50 million each. The IDVs provide for the delivery of naval distillate, turbine fuels with and without additives, to U.S. Department of Defense locations across the Western Pacific and Middle East. There was no set-aside designation for this contract award.
Quick answers
Who was awarded contract SPE60219FD726?
SPE60219FD726 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on February 26, 2019.
How much is contract SPE60219FD726 worth?
The government has obligated $1,561,942 on SPE60219FD726.
Is contract SPE60219FD726 an order under another contract?
Yes. SPE60219FD726 is a delivery order under SPE60219D0455, an indefinite delivery contract.
Was contract SPE60219FD726 competed?
The extent of competition for SPE60219FD726 was full and open competition.
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