Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FX476
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $18,768,026
Award facts
- Contract value 100% obligated
- $18,768,025.85 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 | -$824,403 | |
| Other Administrative Action | -$534,598 | |
| Modification | $21,189,062 | |
| Other Administrative Action | -$1,062,036 |
About this award
This federal contract award to S-Oil Corporation, South Korea's largest oil refiner, is a delivery order valued at $18,768,025.85 to provide turbine fuel, aviation to the Defense Logistics Agency Energy (DLA Energy), a division of the U.S. Department of Defense (DoD). The award has a fixed-price with economic price adjustment pricing type and an ultimate completion date of November 2, 2023.
S-Oil Corporation has an extensive history of providing petroleum-based products and delivery services to the U.S. federal government through DLA Energy and the DoD. The company has been awarded over 50 similar fixed-price and fixed-price with economic price adjustment delivery orders totaling over $1 billion from DLA Energy since 2019. These awards primarily involve the delivery of turbine fuel aviation, distillate naval fuel, and other petroleum products to U.S. military installations across South Korea. S-Oil serves as the prime contractor with no set-aside designation on this contract.
In addition to the current delivery order, S-Oil Corporation holds several key indefinite delivery vehicle (IDV) contracts issued by DLA Energy to supply bulk fuels globally in support of U.S. defense operations, with potential values up to hundreds of millions of dollars. These contract vehicles demonstrate S-Oil's critical role as a strategic supplier to DLA Energy and the DoD.
Quick answers
Who was awarded contract SPE60224FX476?
SPE60224FX476 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on October 10, 2023.
How much is contract SPE60224FX476 worth?
The government has obligated $18,768,026 on SPE60224FX476.
Is contract SPE60224FX476 an order under another contract?
Yes. SPE60224FX476 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60224FX476 competed?
The extent of competition for SPE60224FX476 was full and open competition.
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