Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FY105
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,084,163
Award facts
- Contract value 100% obligated
- $2,084,162.99 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 single award federal contract (SPE60223D0451|SPE60224FY105) issued by the Defense Logistics Agency (DLA) Energy, a defense agency, to HD Hyundai Oilbank Co., Ltd., a South Korean-based foreign-owned for-profit organization. The contract is for the delivery of 8510303987 Aviation Turbine Fuel, with a ceiling value of $2,084,162.99. The contract is structured as a fixed-price delivery order with economic price adjustment and has an ultimate completion date of December 19, 2023. This contract is not set aside and is part of DLA Energy's larger WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, which facilitate the supply of various petroleum products to support U.S. Department of Defense operations in the Western Pacific and Middle East regions. HD Hyundai Oilbank Co., Ltd. has demonstrated its ability to consistently secure and fulfill high-value, single-award Indefinite Delivery Contracts (IDCs) with DLA Energy, further underscoring its strategic importance as a key energy supplier to the U.S. military.
Quick answers
Who was awarded contract SPE60224FY105?
SPE60224FY105 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 3, 2023.
How much is contract SPE60224FY105 worth?
The government has obligated $2,084,163 on SPE60224FY105.
Is contract SPE60224FY105 an order under another contract?
Yes. SPE60224FY105 is a delivery order under SPE60223D0451, an indefinite delivery contract.
Was contract SPE60224FY105 competed?
The extent of competition for SPE60224FY105 was full and open competition.
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