Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60220FG027
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,480,142
Award facts
- Contract value 100% obligated
- $1,480,141.84 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 | $1,504,654 | |
| Other Administrative Action | -$24,512 |
About this award
This firm-fixed-price contract with economic price adjustment was awarded by the Defense Logistics Agency Energy (DLA Energy) to HD Hyundai Oilbank Co., LTD, a South Korea-based commercial entity, to provide various aviation turbine fuels such as Jet Propulsion Fuel Types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76 to support U.S. Department of Defense (DOD) operations across the Western Pacific region. The contract has a potential value of $1,480,141.84 and a period of performance from December 18, 2019 to January 8, 2020. HD Hyundai Oilbank 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. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract SPE60220FG027?
SPE60220FG027 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 18, 2019.
How much is contract SPE60220FG027 worth?
The government has obligated $1,480,142 on SPE60220FG027.
Is contract SPE60220FG027 an order under another contract?
Yes. SPE60220FG027 is a delivery order under SPE60219D0455, an indefinite delivery contract.
Was contract SPE60220FG027 competed?
The extent of competition for SPE60220FG027 was full and open competition.
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