Turbine fuel, aviation

Ended Awarded

Contract number
SPE60223FU408
Awardee
Awarding agency
Obligated
$3,580,701

Award facts

Contract value 100% obligated
$3,580,700.97 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 P00002 -$873,700
Other Administrative Action P00003 -$352,400
Modification $4,690,800
Other Administrative Action P00001 · 8509636483 ! Turbine fuel, aviation $116,001

About this award

This federal contract award is for the delivery of turbine fuel, aviation to support U.S. military operations in South Korea. The contract was awarded by the Defense Logistics Agency Energy (DLA Energy) to SK Energy Co., LTD., a South Korean energy company that manufactures petroleum-based fuels. The contract has a potential value of $3,580,700.97 and is structured as a fixed-price delivery order with economic price adjustment. It does not have a set-aside designation. SK Energy Co., LTD. has secured numerous similar contracts with DLA Energy, supplying over 50 million gallons of jet fuel worth $130 million and 14 million gallons of diesel fuel valued at over $3 million to U.S. military installations in South Korea and the Western Pacific region. These contracts support DLA Energy's bulk fuel procurement responsibilities for the Department of Defense (DoD) through fixed-price task orders specifying fuel quantities, delivery locations, and completion dates.

Quick answers

Who was awarded contract SPE60223FU408?

SPE60223FU408 was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on January 12, 2023.

How much is contract SPE60223FU408 worth?

The government has obligated $3,580,701 on SPE60223FU408.

Is contract SPE60223FU408 an order under another contract?

Yes. SPE60223FU408 is a delivery order under SPE60223D0453, an indefinite delivery contract.

Was contract SPE60223FU408 competed?

The extent of competition for SPE60223FU408 was full and open competition.

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