Delivery Order SPE60223D0451-SPE60223FX290

Award Date 9/25/23
Potential Completion Date 11/23/23
Potential Value $1.8M
Federal Agency
Energy
Ultimate Awardee
Not listed
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Full and Open Competition
Major Defense Program
Not listed
Pricing Type
Fixed Price with Economic Price Adjustment
Place of Performance
South Korea
Solicitation Procedures
Negotiated Proposal / Quote
Number Of Offers Received
Not listed
Legislative Mandate
Not listed
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
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  • SPE60223D0451
    Indefinite Delivery Contract
  • SPE60223D0451-SPE60223FX290
    Delivery Order

This federal contract award, valued at $1,829,293.98, was issued by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization. The contract is for the delivery of 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 contract is a delivery order under a larger Indefinite Delivery Contract (IDC) with a ceiling value of $25,117,187.45 that runs through December 31, 2024. The IDC, which is part of the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, allows DLA Energy to issue multiple fixed-price delivery orders for various petroleum products. The contract does not have a set-aside designation, indicating HD Hyundai Oilbank's competitive position in the market for supplying aviation fuels to the U.S. military.

Generated 11/7/24, 9:17 AM