Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60223FU356
- 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 is a delivery order awarded by the Defense Logistics Agency (DLA) to HD Hyundai Oilbank Co., LTD's Special Product Business Team Division, a foreign-owned for-profit organization based in South Korea. The $2,228,055.96 fixed-price contract with economic price adjustment is for the supply of aviation turbine fuels, such as 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 order is part of a larger Indefinite Delivery Contract (IDC) that HD Hyundai Oilbank holds with DLA Energy, which has a ceiling value of $25,117,187.45 and runs through December 31, 2024. The company has consistently secured high-value, single-award IDCs with DLA Energy, demonstrating its reliability and importance as a key energy supplier to the U.S. military.
Quick answers
Who was awarded contract SPE60223FU356?
SPE60223FU356 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 5, 2023.
How much is contract SPE60223FU356 worth?
The government has obligated $2,228,056 on SPE60223FU356.
Is contract SPE60223FU356 an order under another contract?
Yes. SPE60223FU356 is a delivery order under SPE60223D0451, an indefinite delivery contract.
Was contract SPE60223FU356 competed?
The extent of competition for SPE60223FU356 was full and open competition.
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