Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60219FE881
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,459,656
Award facts
- Contract value 100% obligated
- $1,459,655.61 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 |
|---|---|---|
| Other Administrative Action | -$94,968 | |
| Original award | $1,554,624 |
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 corporation, to provide various aviation turbine fuels such as Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76 to the U.S. Department of Defense (DOD) locations across the Western Pacific and Middle East regions. The contract, a Delivery Order valued at $1,459,655.61, was awarded on a fixed-price with economic price adjustment basis and does not have a set-aside designation. The award is associated with three active Indefinite Delivery Vehicles (IDVs) held by HD Hyundai Oilbank with DLA Energy, each with a potential value of $22-50 million, for the supply of bulk petroleum products to the DOD through 2024.
Quick answers
Who was awarded contract SPE60219FE881?
SPE60219FE881 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 25, 2019.
How much is contract SPE60219FE881 worth?
The government has obligated $1,459,656 on SPE60219FE881.
Is contract SPE60219FE881 an order under another contract?
Yes. SPE60219FE881 is a delivery order under SPE60219D0455, an indefinite delivery contract.
Was contract SPE60219FE881 competed?
The extent of competition for SPE60219FE881 was full and open competition.
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