Distillate, naval

Ended Awarded

Contract number
SPE60223FU934
Awardee
Awarding agency
Obligated
$20,119,096

Award facts

Contract value 100% obligated
$20,119,096.37 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
Modification $20,584,197
Other Administrative Action P00002 -$757,607
Other Administrative Action P00001 · 8509735116 ! Distillate, naval $292,506

About this award

This federal contract award to S-Oil Corporation, South Korea's largest oil refiner, is for the delivery of 8509735116 distillate naval fuel to U.S. military installations in South Korea. The contract has a ceiling value of $20,119,096.37 and runs through March 20, 2023.

S-Oil Corporation has extensive experience providing petroleum-based products and delivery services to the U.S. Defense Logistics Agency Energy (DLA Energy) and Department of Defense (DoD). The company holds several indefinite delivery vehicle (IDV) contracts with DLA Energy, including a $171.9 million IDV for turbine fuel aviation in the Western Pacific and Middle East, and a $681.6 million IDV for 638.2 million gallons of various fuel types across those regions. This latest award is not designated as a set-aside contract. S-Oil Corporation is the prime contractor, with no major subcontractors indicated.

Quick answers

Who was awarded contract SPE60223FU934?

SPE60223FU934 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on March 1, 2023.

How much is contract SPE60223FU934 worth?

The government has obligated $20,119,096 on SPE60223FU934.

Is contract SPE60223FU934 an order under another contract?

Yes. SPE60223FU934 is a delivery order under SPE60223D0454, an indefinite delivery contract.

Was contract SPE60223FU934 competed?

The extent of competition for SPE60223FU934 was full and open competition.

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