Turbine fuel, aviation

Ended Awarded

Contract number
SPE60219FE819
Awardee
Awarding agency
Obligated
$1,502,742

Award facts

Contract value 100% obligated
$1,502,742.20 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 $1,549,684
Other Administrative Action P00001 · 8506691201 ! Turbine fuel, aviation -$46,942

About this award

This is a delivery order awarded by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based company, for the supply of aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract has a potential value of $1,502,742.20 and is a fixed-price contract with economic price adjustment. The contract is not set-aside. The products will 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 million to $50 million each.

Quick answers

Who was awarded contract SPE60219FE819?

SPE60219FE819 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 22, 2019.

How much is contract SPE60219FE819 worth?

The government has obligated $1,502,742 on SPE60219FE819.

Is contract SPE60219FE819 an order under another contract?

Yes. SPE60219FE819 is a delivery order under SPE60219D0455, an indefinite delivery contract.

Was contract SPE60219FE819 competed?

The extent of competition for SPE60219FE819 was full and open competition.

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