Distillate, naval
Ended Awarded
- Contract number
- SPE60224FX595
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $21,828,008
Award facts
- Contract value 100% obligated
- $21,828,008.16 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 | -$383,998 | |
| Other Administrative Action | -$2,853,598 | |
| Modification | $28,077,598 | |
| Other Administrative Action | -$3,011,995 |
About this award
This is a delivery order awarded by the Defense Logistics Agency Energy (DLA Energy), a component of the U.S. Department of Defense, to S-Oil Corporation, South Korea's largest oil refiner. The $21,828,008.16 fixed-price with economic price adjustment contract is for the delivery of distillate naval fuel to locations in South Korea.
S-Oil Corporation has an extensive track record as a prime contractor for DLA Energy, having been awarded over 50 delivery orders totaling over $1 billion since 2019 for the provision of various petroleum-based products to support U.S. military operations in the region. The company also holds several large indefinite delivery vehicle (IDV) contracts with DLA Energy, including a $171.9 million IDV for turbine fuel aviation in the Western Pacific and Middle East, and a $681.6 million IDV for 638.2 million gallons of turbine fuel aviation, naval distillate, and additives across these regions. This latest award demonstrates S-Oil's critical role as a strategic supplier of mission-critical fuels to the U.S. Department of Defense.
Quick answers
Who was awarded contract SPE60224FX595?
SPE60224FX595 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on October 20, 2023.
How much is contract SPE60224FX595 worth?
The government has obligated $21,828,008 on SPE60224FX595.
Is contract SPE60224FX595 an order under another contract?
Yes. SPE60224FX595 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60224FX595 competed?
The extent of competition for SPE60224FX595 was full and open competition.
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