Turbine fuel, aviation

Ended Awarded

Contract number
SPE60221FP101
Awardee
Awarding agency
Obligated
$1,601,071

Award facts

Contract value 100% obligated
$1,601,071.09 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
Other Administrative Action P00002 $154,196
Modification $1,362,955
Other Administrative Action P00001 · 8508492335 ! Turbine fuel, aviation $83,920

About this award

The Defense Logistics Agency Energy awarded a $1.6 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 provide 8,508,493 gallons of aviation turbine fuel to support Department of Defense fuel requirements. As the Defense Logistics Agency is responsible for energy procurement and distribution to military services and other federal agencies, this contract will help ensure fuel is available to power aircraft and vehicles in support of key DOD missions. No subcontractors or set aside designations were indicated.

Quick answers

Who was awarded contract SPE60221FP101?

SPE60221FP101 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on August 30, 2021.

How much is contract SPE60221FP101 worth?

The government has obligated $1,601,071 on SPE60221FP101.

Is contract SPE60221FP101 an order under another contract?

Yes. SPE60221FP101 is a delivery order under SPE60221D0454, an indefinite delivery contract.

Was contract SPE60221FP101 competed?

The extent of competition for SPE60221FP101 was full and open competition.

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