Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60219FE380
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,476,839
Award facts
- Contract value 100% obligated
- $1,476,839.34 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 | $1,614,854 | |
| Other Administrative Action | -$138,014 |
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 foreign-owned for-profit organization. The contract is for the delivery of aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to U.S. military installations in the Western Pacific region, including South Korea, Japan, Singapore, and Diego Garcia, as well as various ships at sea. The contract has a potential value of $1,476,839.34 and was awarded as a fixed-price delivery order with economic price adjustment. The contract is not associated with a set-aside program and is part of larger Indefinite Delivery Vehicles (IDVs) held by HD Hyundai Oilbank with DLA Energy, which have a potential value of $22-50 million each and provide fuel supplies to the Department of Defense across the Western Pacific and Middle East regions.
Quick answers
Who was awarded contract SPE60219FE380?
SPE60219FE380 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on May 28, 2019.
How much is contract SPE60219FE380 worth?
The government has obligated $1,476,839 on SPE60219FE380.
Is contract SPE60219FE380 an order under another contract?
Yes. SPE60219FE380 is a delivery order under SPE60219D0455, an indefinite delivery contract.
Was contract SPE60219FE380 competed?
The extent of competition for SPE60219FE380 was full and open competition.
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