Turbine fuel, aviation

Ended Awarded

Contract number
SPE60221FM717
Awardee
Awarding agency
Obligated
$1,282,400

Award facts

Contract value 100% obligated
$1,282,399.55 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 Defense Logistics Agency Energy awarded a $1.28 million fixed-price contract with economic price adjustment to HD Hyundai Oilbank Co., LTD Special Product Business Team Division of South Korea. Under the terms of the delivery order, Hyundai will supply 8,508,179 gallons of aviation turbine fuel to the Department of Defense. As the Defense Logistics Agency is responsible for fuel and energy procurement in support of military operations, this contract will likely provide jet fuel to power aircraft for training and operational missions. No major subcontractors or set-aside designations were indicated. The contract runs from April 29, 2021 through May 25, 2021 and will be performed in South Korea.

Quick answers

Who was awarded contract SPE60221FM717?

SPE60221FM717 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 29, 2021.

How much is contract SPE60221FM717 worth?

The government has obligated $1,282,400 on SPE60221FM717.

Is contract SPE60221FM717 an order under another contract?

Yes. SPE60221FM717 is a delivery order under SPE60221D0454, an indefinite delivery contract.

Was contract SPE60221FM717 competed?

The extent of competition for SPE60221FM717 was full and open competition.

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