Distillate, naval

Ended Awarded

Contract number
SPE60219FD505
Awardee
Awarding agency
Obligated
$21,581,830

Award facts

Contract value 100% obligated
$21,581,829.71 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9140 Fuel Oils
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 P00001 $803,027
Original award 8506232286 ! Distillate, naval $20,778,803

About this award

This federal contract award is for the delivery of distillate naval fuel to support U.S. military operations in South Korea. The $21,581,829.71 contract was awarded by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, South Korea's largest oil refiner, through its Fuel Product Overseas Marketing Team division. The contract is a delivery order with a fixed-price with economic price adjustment pricing type and has a completion date of February 15, 2019. S-Oil Corporation has been awarded over 50 similar delivery orders from DLA Energy since 2019, totaling over $1 billion, to provide fuels including turbine fuel aviation, distillate naval fuel, and other petroleum products to U.S. military installations in South Korea. S-Oil is the prime contractor on this award, and there is no set-aside designation indicated. The contract is associated with S-Oil's indefinite-delivery contracts with DLA Energy to supply bulk fuels in support of U.S. defense operations in the Western Pacific and Middle East regions, which have totaled over $1.5 billion to date.

Quick answers

Who was awarded contract SPE60219FD505?

SPE60219FD505 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on January 25, 2019.

How much is contract SPE60219FD505 worth?

The government has obligated $21,581,830 on SPE60219FD505.

Is contract SPE60219FD505 an order under another contract?

Yes. SPE60219FD505 is a delivery order under SPE60219D0457, an indefinite delivery contract.

Was contract SPE60219FD505 competed?

The extent of competition for SPE60219FD505 was full and open competition.

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