Distillate, naval
Ended Awarded
- Contract number
- SPE60224FX949
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $23,065,334
Award facts
- Contract value 100% obligated
- $23,065,334.44 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 | -$1,468,663 | |
| Other Administrative Action | $23,500 | |
| Modification | $24,543,403 | |
| Other Administrative Action | -$32,907 |
About this award
This $23,065,334.44 fixed-price with economic price adjustment delivery order was awarded by the Defense Logistics Agency Energy (DLA Energy), a defense agency, to S-Oil Corporation, a South Korean oil refiner, for the delivery of distillate naval fuel to locations in South Korea. The award has no set-aside designation. S-Oil Corporation has been the prime contractor on over 50 delivery orders totaling over $1 billion from DLA Energy since 2019 for the supply of various petroleum products to U.S. military installations in South Korea and the broader Western Pacific region. S-Oil also holds several indefinite delivery vehicle (IDV) contracts with DLA Energy, including a $171.9 million IDV awarded in 2022 to provide 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 turbine fuel aviation, naval distillate, and additives across these regions. These contract vehicles demonstrate S-Oil's critical role as a strategic supplier to DLA Energy and the Department of Defense.
Quick answers
Who was awarded contract SPE60224FX949?
SPE60224FX949 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on November 22, 2023.
How much is contract SPE60224FX949 worth?
The government has obligated $23,065,334 on SPE60224FX949.
Is contract SPE60224FX949 an order under another contract?
Yes. SPE60224FX949 is a delivery order under SPE60223D0454, an indefinite delivery contract.
Was contract SPE60224FX949 competed?
The extent of competition for SPE60224FX949 was full and open competition.
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