Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60223FW680
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $33,349,780
Award facts
- Contract value 100% obligated
- $33,349,780.38 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 | $3,338,450 | |
| Other Administrative Action | $3,338,450 | |
| Modification | $24,954,481 | |
| Other Administrative Action | $1,718,398 |
About this award
This federal contract award is for the delivery of turbine fuel, aviation (commonly referred to as JP5 and JA1 fuel) to support U.S. military operations in South Korea. The contract, awarded by the Defense Logistics Agency Energy (DLA Energy), has a ceiling value of $33,349,780.38 and is a fixed-price with economic price adjustment delivery order. The prime contractor is S-Oil Corporation, a major South Korean oil refiner, through its Fuel Product Overseas Marketing Team division. This award is not a set-aside contract.
S-Oil is a critical fuel supplier for DLA Energy, having been awarded over $1 billion in delivery orders since 2019 to provide various petroleum products, including turbine fuel aviation, distillate naval fuel (F76), and other fuels to U.S. military installations in the Western Pacific and Middle East regions. The company holds several significant indefinite delivery vehicle (IDV) contracts with DLA Energy, the most recent being a $869.9 million IDV awarded in October 2023 for fuel deliveries through December 2024. These IDVs, along with associated task orders, have resulted in over $1.5 billion in fuel supply contracts for S-Oil, underscoring its vital role in supporting the Department of Defense's global energy requirements.
Quick answers
Who was awarded contract SPE60223FW680?
SPE60223FW680 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on August 1, 2023.
How much is contract SPE60223FW680 worth?
The government has obligated $33,349,780 on SPE60223FW680.
Is contract SPE60223FW680 an order under another contract?
Yes. SPE60223FW680 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60223FW680 competed?
The extent of competition for SPE60223FW680 was full and open competition.
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