Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60223FU355
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,228,056
Award facts
- Contract value 100% obligated
- $2,228,055.96 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.
About this award
This federal contract award, valued at $2,228,055.96, was issued by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD's Special Product Business Team Division, a foreign-owned for-profit organization based in South Korea. The contract is for the delivery of various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to support U.S. Department of Defense operations in the Western Pacific and Middle East regions. This is a delivery order contract with a fixed-price and economic price adjustment pricing structure, with a completion date of February 15, 2023. The contract is not set aside for any specific business category. HD Hyundai Oilbank holds several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, valued between $17 million and $32 million, which serve as the foundation for its ongoing fuel supply relationship with the U.S. military, particularly under the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs.
Quick answers
Who was awarded contract SPE60223FU355?
SPE60223FU355 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 5, 2023.
How much is contract SPE60223FU355 worth?
The government has obligated $2,228,056 on SPE60223FU355.
Is contract SPE60223FU355 an order under another contract?
Yes. SPE60223FU355 is a delivery order under SPE60223D0451, an indefinite delivery contract.
Was contract SPE60223FU355 competed?
The extent of competition for SPE60223FU355 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award