Turbine fuel, aviation
Ended Awarded Last action
- Contract number
- SPE60223FV894
- Awardee
-
SK Energy Co., LTD. UEI TKC7QS2MF144 Part of SK Energy Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $4,055,314
Award facts
- Contract value 100% obligated
- $4,055,313.96 Current and potential, with all options
- Completion date
- 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 | $0 | |
| Other Administrative Action | $0 | |
| Original award | $4,055,314 |
About this award
This federal contract award, valued at $4,055,313.96, was issued by the Defense Logistics Agency Energy (DLA Energy) to SK Energy Co., LTD., a South Korean energy company, for the supply of turbine fuel, aviation fuel, and diesel fuel to support U.S. military operations in South Korea and the Western Pacific region. The contract is a delivery order under four significant Indefinite Delivery Contracts (IDVs) held by SK Energy Co., LTD. with DLA Energy, collectively valued at approximately $292 million. These IDVs cover the provision of critical petroleum products to U.S. military installations through 2024-2026. The contract does not have a set-aside designation, indicating SK Energy Co., LTD.'s competitive position in the market. As the prime contractor, SK Energy Co., LTD. has consistently supplied over 50 million gallons of jet fuel worth approximately $130 million and 14 million gallons of diesel fuel valued at over $3 million to U.S. military facilities in the Asia-Pacific theater.
Quick answers
Who was awarded contract SPE60223FV894?
SPE60223FV894 was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on July 13, 2023.
How much is contract SPE60223FV894 worth?
The government has obligated $4,055,314 on SPE60223FV894.
Is contract SPE60223FV894 an order under another contract?
Yes. SPE60223FV894 is a delivery order under SPE60223D0453, an indefinite delivery contract.
Was contract SPE60223FV894 competed?
The extent of competition for SPE60223FV894 was full and open competition.
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