Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FY179
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,055,196
Award facts
- Contract value 100% obligated
- $2,055,196.06 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
The U.S. Defense Logistics Agency (DLA) Energy has awarded a fixed-price delivery order contract to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, to provide various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. This $2,055,196.06 delivery order contract, which does not have a set-aside designation, supports U.S. Department of Defense operations across the Western Pacific and Middle East regions. The contract has an ultimate completion date of January 9, 2024.
HD Hyundai Oilbank Co., LTD holds several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, including a recent $25,117,187.45 IDC awarded in November 2023, which serves as the foundation for the company's ongoing fuel supply relationship with the U.S. military. These high-value IDCs, such as the WESTPAC (Western Pacific) and FEB (Far East Bulk) programs, highlight the strategic importance of HD Hyundai Oilbank's role in maintaining the U.S. military's fuel supply chain in the region.
Quick answers
Who was awarded contract SPE60224FY179?
SPE60224FY179 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 11, 2023.
How much is contract SPE60224FY179 worth?
The government has obligated $2,055,196 on SPE60224FY179.
Is contract SPE60224FY179 an order under another contract?
Yes. SPE60224FY179 is a delivery order under SPE60223D0451, an indefinite delivery contract.
Was contract SPE60224FY179 competed?
The extent of competition for SPE60224FY179 was full and open competition.
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