Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FY180
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,981,651
Award facts
- Contract value 100% obligated
- $1,981,651.01 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$65,645 | |
| Modification | $2,055,196 | |
| Other Administrative Action | -$7,900 |
About this award
This is a delivery order contract awarded by the Defense Logistics Agency (DLA) Energy, a component of the U.S. Department of Defense, to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization. The contract is for the supply 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. military operations in the Western Pacific and Middle East regions. The contract has a ceiling value of $1,981,651.01 and is a fixed-price with economic price adjustment arrangement. This order is issued under a larger Indefinite Delivery Contract (IDC) that HD Hyundai Oilbank holds with DLA Energy, with a ceiling value of $25,117,187.45 and a period of performance through December 31, 2024. The contract does not have a set-aside designation, indicating that HD Hyundai Oilbank was competitively awarded this order.
Quick answers
Who was awarded contract SPE60224FY180?
SPE60224FY180 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 11, 2023.
How much is contract SPE60224FY180 worth?
The government has obligated $1,981,651 on SPE60224FY180.
Is contract SPE60224FY180 an order under another contract?
Yes. SPE60224FY180 is a delivery order under SPE60223D0451, an indefinite delivery contract.
Was contract SPE60224FY180 competed?
The extent of competition for SPE60224FY180 was full and open competition.
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