Turbine fuel, aviation

Ended Awarded

Contract number
SPE60220FF874
Awardee
Awarding agency
Obligated
$1,466,464

Award facts

Contract value 100% obligated
$1,466,463.85 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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.

About this award

The U.S. Defense Logistics Agency Energy (DLA Energy) awarded a $1,466,463.85 fixed-price delivery order with economic price adjustment to HD Hyundai Oilbank Co., Ltd., a South Korea-based foreign-owned for-profit organization, for the provision of aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The delivery order, which has a completion date of December 4, 2019, supports U.S. military operations in South Korea. HD Hyundai Oilbank currently holds three active Indefinite Delivery Vehicles (IDVs) with DLA Energy, valued at $22-50 million each, for the supply of bulk petroleum products to the Western Pacific and Middle East regions through 2024. The contract was awarded on a single-award basis with no set-aside designation.

Quick answers

Who was awarded contract SPE60220FF874?

SPE60220FF874 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on November 25, 2019.

How much is contract SPE60220FF874 worth?

The government has obligated $1,466,464 on SPE60220FF874.

Is contract SPE60220FF874 an order under another contract?

Yes. SPE60220FF874 is a delivery order under SPE60219D0455, an indefinite delivery contract.

Was contract SPE60220FF874 competed?

The extent of competition for SPE60220FF874 was full and open competition.

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