Turbine fuel, aviation

Ended Awarded

Contract number
SPE60223FW318
Awardee
Awarding agency
Obligated
$25,513,895

Award facts

Contract value 100% obligated
$25,513,895.20 Current and potential, with all options
Completion date 100% complete
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 P00003 $1,562,503
Other Administrative Action P00004 $1,562,503
Modification $21,930,481
Other Administrative Action P00001 -$112,795
Other Administrative Action P00002 · 8509987244 ! Turbine fuel, aviation $571,203

About this award

This federal contract award to S-Oil Corporation, a major South Korean oil refiner, is a delivery order (SPE60223FW318) for the supply of turbine fuel, aviation (JP5 and JA1) to the Defense Logistics Agency Energy (DLA Energy). The $25,513,895.20 fixed-price with economic price adjustment contract has a completion date of July 19, 2023. S-Oil Corporation, through its Fuel Product Overseas Marketing Team division, is the prime contractor on this award, which does not have any set-aside designation.

This delivery order is part of S-Oil's larger indefinite delivery vehicle (IDV) contracts with DLA Energy, which have a combined potential value exceeding $1.5 billion. These IDVs, awarded in 2021, 2022, and 2023, facilitate the delivery of various fuel types, including turbine fuel aviation, naval distillate, and additives, to support U.S. military operations in the Western Pacific and Middle East regions. As the largest oil refiner in South Korea, S-Oil plays a critical role in supplying crucial petroleum-based products to the Department of Defense.

Quick answers

Who was awarded contract SPE60223FW318?

SPE60223FW318 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on June 30, 2023.

How much is contract SPE60223FW318 worth?

The government has obligated $25,513,895 on SPE60223FW318.

Is contract SPE60223FW318 an order under another contract?

Yes. SPE60223FW318 is a delivery order under SPE60223D0454, an indefinite delivery contract.

Was contract SPE60223FW318 competed?

The extent of competition for SPE60223FW318 was full and open competition.

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