Turbine fuel, aviation

Ended Awarded

Contract number
SPE60223FV956
Awardee
Awarding agency
Obligated
$21,126,480

Award facts

Contract value 100% obligated
$21,126,480.48 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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.

About this award

This contract award is for the delivery of turbine fuel, aviation to locations in South Korea. The prime contractor is S-Oil Corporation, South Korea's largest oil refiner, which has an extensive history of providing petroleum-based products and delivery services to the U.S. Department of Defense (DoD) and Defense Logistics Agency Energy (DLA Energy).

The award, valued at $21,126,480.48, is a fixed price with economic price adjustment delivery order under DLA Energy's worldwide energy program. S-Oil Corporation has been awarded over 50 similar contracts totaling over $1 billion from DLA Energy since 2019 to deliver various petroleum products to U.S. military installations in South Korea and the broader Western Pacific region. The contract has no set-aside designation.

In addition to this delivery order, S-Oil Corporation holds several key indefinite delivery vehicle (IDV) contracts with DLA Energy to supply bulk fuels globally in support of U.S. defense operations. One $171.9 million IDV from 2022 requires delivery of turbine fuel aviation in the Western Pacific and Middle East regions, while another $681.6 million IDV from 2022 covers delivery of 638.2 million gallons of various fuel products including turbine fuel aviation, naval distillate, and additives across these regions. S-Oil has been awarded hundreds of millions in task orders against these IDV vehicles to date.

Quick answers

Who was awarded contract SPE60223FV956?

SPE60223FV956 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on June 2, 2023.

How much is contract SPE60223FV956 worth?

The government has obligated $21,126,480 on SPE60223FV956.

Is contract SPE60223FV956 an order under another contract?

Yes. SPE60223FV956 is a delivery order under SPE60223D0454, an indefinite delivery contract.

Was contract SPE60223FV956 competed?

The extent of competition for SPE60223FV956 was full and open competition.

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