Distillate, naval
Ended Awarded
- Contract number
- SPE60223FU212
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $29,284,798
Award facts
- Contract value 100% obligated
- $29,284,797.96 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- PSC
- 9140 Fuel Oils
- 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 | $380,595 | |
| Original award | $28,904,203 |
About this award
This federal contract award to S-Oil Corporation, a South Korean oil refiner, was issued by the Defense Logistics Agency Energy (DLA Energy) on December 21, 2022. The $29,284,797.96 fixed-price with economic price adjustment delivery order is for the supply of 8,509,603,818 gallons of distillate naval fuel to U.S. military installations in South Korea, with a completion date of January 14, 2023.
S-Oil Corporation has an extensive track record as a prime contractor for DLA Energy, having been awarded over 50 delivery orders totaling more than $1 billion since 2019 to provide various petroleum products including turbine fuel aviation and naval distillate to support U.S. defense operations in the Western Pacific region. The company also holds several large indefinite delivery vehicle (IDV) contracts with DLA Energy, including a $171.9 million IDV for turbine fuel aviation and a $681.6 million IDV for multiple fuel types, against which it has received hundreds of millions in task orders to date. An additional $869.9 million IDV was awarded to S-Oil in 2023 for continued petroleum product delivery through 2024 in the Western Pacific and Middle East. These contract vehicles demonstrate S-Oil's critical role as a strategic supplier to DLA Energy and the Department of Defense.
Quick answers
Who was awarded contract SPE60223FU212?
SPE60223FU212 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on December 21, 2022.
How much is contract SPE60223FU212 worth?
The government has obligated $29,284,798 on SPE60223FU212.
Is contract SPE60223FU212 an order under another contract?
Yes. SPE60223FU212 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60223FU212 competed?
The extent of competition for SPE60223FU212 was full and open competition.
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