Distillate, naval
Ended Awarded
- Contract number
- SPE60223FW831
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $25,855,595
Award facts
- Contract value 100% obligated
- $25,855,594.54 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 |
|---|---|---|
| Modification | $23,755,998 | |
| Other Administrative Action | $1,527,599 | |
| Other Administrative Action | -$18,001 | |
| Other Administrative Action | $589,999 |
About this award
This federal contract award with ID SPE60223D0454|SPE60223FW831 was issued by the Defense Logistics Agency Energy (DLA Energy), a division of the U.S. Department of Defense, to S-Oil Corporation's Fuel Product Overseas Marketing Team Division. The $25,855,594.54 fixed-price with economic price adjustment contract is for the delivery of 8510085513 - DISTILLATE, NAVAL (F76) fuel to support U.S. military operations in South Korea.
S-Oil Corporation, South Korea's largest oil refiner, serves as the prime contractor on this award, which has an ultimate completion date of September 15, 2023. The company has been awarded over 50 delivery orders from DLA Energy since 2019, totaling more than $1 billion, to supply various fuel products including turbine fuel aviation (JP5 and JA1) and distillate naval fuel (F76) to U.S. military installations in the Western Pacific and Middle East regions. This contract does not have a set-aside designation, and no subcontractors are mentioned.
Additionally, S-Oil Corporation holds several significant indefinite delivery contracts (IDVs) with DLA Energy, including a $869.9 million IDV awarded in October 2023 and a $681.6 million IDV awarded in October 2022, to facilitate the delivery of fuel products to U.S. military operations in the region. These IDVs, along with their associated task orders, have resulted in over $1.5 billion in fuel supply contracts for S-Oil Corporation.
Quick answers
Who was awarded contract SPE60223FW831?
SPE60223FW831 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on August 17, 2023.
How much is contract SPE60223FW831 worth?
The government has obligated $25,855,595 on SPE60223FW831.
Is contract SPE60223FW831 an order under another contract?
Yes. SPE60223FW831 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60223FW831 competed?
The extent of competition for SPE60223FW831 was full and open competition.
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