Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FX896
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,118,773
Award facts
- Contract value 100% obligated
- $2,118,772.89 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 fixed-price delivery order contract awarded 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 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. The contract has a ceiling value of $2,118,772.89 and a performance period ending on December 5, 2023. This delivery order is part of a larger Indefinite Delivery Contract (IDC) with a ceiling value of $25,117,187.45, which runs through December 31, 2024. The contract does not have a set-aside designation, indicating HD Hyundai Oilbank's competitive position in the market for supplying these critical fuel products to the U.S. military.
Quick answers
Who was awarded contract SPE60224FX896?
SPE60224FX896 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on November 15, 2023.
How much is contract SPE60224FX896 worth?
The government has obligated $2,118,773 on SPE60224FX896.
Is contract SPE60224FX896 an order under another contract?
Yes. SPE60224FX896 is a delivery order under SPE60223D0451, an indefinite delivery contract.
Was contract SPE60224FX896 competed?
The extent of competition for SPE60224FX896 was full and open competition.
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