Distillate, naval
Ended Awarded
- Contract number
- SPE60223FW496
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $34,655,488
Award facts
- Contract value 100% obligated
- $34,655,487.67 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 | $160,806 | |
| Other Administrative Action | $1,507,202 | |
| Other Administrative Action | $4,519,207 | |
| Modification | $23,191,197 | |
| Other Administrative Action | $5,277,076 |
About this award
This federal contract award, SPE60223D0454|SPE60223FW496, was issued by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, a major South Korean oil refiner, for the delivery of distillate naval fuel (F76). The $34,655,487.67 fixed-price with economic price adjustment contract has an ultimate completion date of August 22, 2023.
S-Oil, through its Fuel Product Overseas Marketing Team Division, serves as the prime contractor on this award, with no set-aside designation. The company has been a significant supplier of petroleum-based products, including turbine fuel aviation (JP5 and JA1) and other fuels, to support U.S. military operations in the Western Pacific and Middle East regions. Since 2019, S-Oil has been awarded over $1 billion in fuel supply contracts from DLA Energy to deliver products to U.S. military installations in South Korea. This latest award is part of S-Oil's broader indefinite delivery contract portfolio with DLA Energy, which includes a $869.9 million IDV awarded in October 2023 and a $681.6 million IDV awarded in October 2022 for various fuel deliveries in the region.
Quick answers
Who was awarded contract SPE60223FW496?
SPE60223FW496 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on July 17, 2023.
How much is contract SPE60223FW496 worth?
The government has obligated $34,655,488 on SPE60223FW496.
Is contract SPE60223FW496 an order under another contract?
Yes. SPE60223FW496 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60223FW496 competed?
The extent of competition for SPE60223FW496 was full and open competition.
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