Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FX388
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $17,886,389
Award facts
- Contract value 100% obligated
- $17,886,388.50 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 |
|---|---|---|
| Modification | $23,396,035 | |
| Other Administrative Action | -$1,905,704 | |
| Other Administrative Action | -$1,703,937 | |
| Other Administrative Action | -$1,900,006 |
About this award
This is a fixed-price delivery order with economic price adjustment awarded by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, South Korea's largest oil refiner, to provide turbine fuel, aviation (8510186219) to U.S. military installations in South Korea. The contract has a ceiling value of $17,886,388.50 and a period of performance through October 23, 2023.
S-Oil Corporation serves as the prime contractor and has an extensive track record of delivering petroleum-based products to the U.S. Department of Defense (DoD) through DLA Energy. The company holds several indefinite delivery vehicle (IDV) contracts with DLA Energy to supply bulk fuels globally in support of U.S. defense operations, including a $171.9 million IDV for turbine fuel aviation in the Western Pacific and Middle East regions, and a $681.6 million IDV for 638.2 million gallons of various fuel types across these regions. This contract award demonstrates S-Oil Corporation's critical role as a strategic supplier to DLA Energy and the DoD.
Quick answers
Who was awarded contract SPE60224FX388?
SPE60224FX388 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on October 2, 2023.
How much is contract SPE60224FX388 worth?
The government has obligated $17,886,389 on SPE60224FX388.
Is contract SPE60224FX388 an order under another contract?
Yes. SPE60224FX388 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60224FX388 competed?
The extent of competition for SPE60224FX388 was full and open competition.
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