Turbine fuel, aviation

Ended Awarded

Contract number
SPE60220FF875
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

This federal contract award, valued at $1,466,463.85, is for the delivery of turbine fuel, aviation to the Defense Logistics Agency Energy (DLA Energy). The prime contractor is HD Hyundai Oilbank Co., LTD, a South Korea-based foreign-owned for-profit organization. The contract is a Delivery Order issued under multiple Indefinite Delivery Vehicles (IDVs) held by HD Hyundai Oilbank with DLA Energy, valued at $22-50 million each, for the supply of bulk petroleum products to U.S. military installations across the Western Pacific and Middle East regions through 2024. The contract type is Fixed Price with Economic Price Adjustment, and there was no set-aside designation used. The awarded products include Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, which are delivered via various transportation methods to support defense operations.

Quick answers

Who was awarded contract SPE60220FF875?

SPE60220FF875 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on November 25, 2019.

How much is contract SPE60220FF875 worth?

The government has obligated $1,466,464 on SPE60220FF875.

Is contract SPE60220FF875 an order under another contract?

Yes. SPE60220FF875 is a delivery order under SPE60219D0455, an indefinite delivery contract.

Was contract SPE60220FF875 competed?

The extent of competition for SPE60220FF875 was full and open competition.

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