Distillate, naval
Ended Awarded
- Contract number
- SPE60223FX328
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $29,224,803
Award facts
- Contract value 100% obligated
- $29,224,802.88 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 | -$1,089,598 | |
| Original award | $30,314,400 |
About this award
This contract award to S-Oil Corporation, a prime contractor, is for the delivery of 8510181111 Distillate, Naval fuel to the U.S. Defense Logistics Agency Energy (DLA Energy) in South Korea. The contract has a fixed-price with economic price adjustment pricing type, a ceiling value of $29,224,802.88, and an ultimate completion date of October 14, 2023.
S-Oil Corporation, South Korea's largest oil refiner, has an extensive track record of providing petroleum-based products and delivery services to the U.S. Department of Defense (DoD) through DLA Energy. The company holds several key indefinite delivery vehicle (IDV) contracts issued by DLA Energy to supply bulk fuels globally in support of U.S. defense operations, including a $171.9 million IDV awarded in 2022 for turbine fuel aviation in the Western Pacific and Middle East, and a $681.6 million IDV from 2022 for the delivery of 638.2 million gallons of fuel including turbine fuel aviation, naval distillate, and additives across these regions. There is no set-aside designation for this contract award.
Quick answers
Who was awarded contract SPE60223FX328?
SPE60223FX328 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on September 28, 2023.
How much is contract SPE60223FX328 worth?
The government has obligated $29,224,803 on SPE60223FX328.
Is contract SPE60223FX328 an order under another contract?
Yes. SPE60223FX328 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60223FX328 competed?
The extent of competition for SPE60223FX328 was full and open competition.
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