Distillate, naval
Ended Awarded
- Contract number
- SPE60223FV394
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $15,890,690
Award facts
- Contract value 100% obligated
- $15,890,690.13 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 | -$3,153,702 | |
| Other Administrative Action | -$2,554,455 | |
| Modification | $23,878,353 | |
| Other Administrative Action | -$2,340,601 | |
| Other Administrative Action | $61,095 |
About this award
This federal contract award to S-Oil Corporation, a South Korean oil refiner, is a $15,890,690.13 fixed-price with economic price adjustment delivery order issued by the Defense Logistics Agency Energy (DLA Energy). The order is for the delivery of 8,509,828 gallons of distillate naval fuel to support U.S. military operations in South Korea, with a performance period through May 12, 2023.
S-Oil Corporation has an extensive track record as a prime contractor providing various petroleum-based products to DLA Energy and the Department of Defense. The company currently holds several indefinite delivery vehicle (IDV) contracts with DLA Energy, including a $171.9 million IDV awarded in 2022 for turbine fuel aviation in the Western Pacific and Middle East, and a $681.6 million IDV from 2022 for the delivery of 638.2 million gallons of turbine fuel aviation, naval distillate, and additives across these regions. This latest award is not set aside and does not indicate any major subcontractors.
Quick answers
Who was awarded contract SPE60223FV394?
SPE60223FV394 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on April 13, 2023.
How much is contract SPE60223FV394 worth?
The government has obligated $15,890,690 on SPE60223FV394.
Is contract SPE60223FV394 an order under another contract?
Yes. SPE60223FV394 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60223FV394 competed?
The extent of competition for SPE60223FV394 was full and open competition.
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