Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- SPE60223FT739
- Awardee
-
Placid Refining Company LLC UEI CXD5EEEUBM63
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $7,173,489
Award facts
- Contract value 100% obligated
- $7,173,488.70 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 after exclusion of sources Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Port Allen, LA 70767, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award to Placid Refining Company LLC, a for-profit limited liability company based in Port Allen, Louisiana, is for the delivery of aviation turbine fuel, including JP5, JP8, JAA, and F76, to the U.S. Department of Defense. The contract, valued at $7,173,488.70, is a fixed-price delivery order with an economic price adjustment mechanism, allowing for market fluctuations while providing predictable pricing.
Placid Refining Company LLC has a long-standing relationship with the Defense Logistics Agency Energy (DLA Energy), the funding agency for this contract, and has been a key supplier of jet propulsion fuels to federal agencies, particularly the Department of Defense. The contract does not utilize a set-aside designation, but the underlying Indefinite Delivery/Indefinite Quantity (IDIQ) contracts often incorporate partial small business set-asides, enabling DLA Energy to leverage both large and small contractors in its fuel supply chain. Placid Refining Company LLC holds multiple significant IDIQ contracts with DLA Energy, facilitating the issuance of firm fixed-price delivery orders for supplying various jet propulsion fuels to Department of Defense locations worldwide.
Quick answers
Who was awarded contract SPE60223FT739?
SPE60223FT739 was awarded to Placid Refining Company LLC by Energy (Defense Logistics Agency) on November 9, 2022.
How much is contract SPE60223FT739 worth?
The government has obligated $7,173,489 on SPE60223FT739.
Is contract SPE60223FT739 an order under another contract?
Yes. SPE60223FT739 is a delivery order under SPE60222D0465, an indefinite delivery contract.
Was contract SPE60223FT739 competed?
The extent of competition for SPE60223FT739 was full and open competition after exclusion of sources.
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