Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA37V
- Awardee
-
Valero Marketing And Supply Co UEI CQXWTJPKQJ73 Part of Valero Energy Corporation
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,317,007
Award facts
- Contract value 100% obligated
- $1,317,006.60 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
- San Antonio, TX 78249, USA
Award details come from SAM.gov/FPDS.
About this award
Valero Marketing and Supply Co, a subsidiary of Valero Energy Corporation, was awarded a delivery order valued at approximately $1.32 million by the Department of Defense's Defense Logistics Agency (DLA) Energy on August 23, 2024, for the supply of aviation turbine fuel. The contract, which does not utilize set-aside provisions, is structured as a fixed-price delivery order with economic price adjustment mechanisms and carries an ultimate completion date of August 27, 2024. Performance will be executed at the contractor's facility in San Antonio, Texas. This delivery order is a task order under one of Valero's larger indefinite delivery contracts with DLA Energy, specifically the aviation turbine fuel IDC valued at approximately $905.8 million and extending through March 2029, which enables the company to provide critical fuel supplies to military installations across the United States and overseas.
Valero Marketing and Supply Co has established itself as a primary supplier of petroleum-based products to the federal government, with extensive experience delivering aviation turbine fuels such as JP-8 and JP-5 to support Department of Defense operations. The company's contract portfolio with DLA Energy demonstrates its significant capability to supply large quantities of fuel through multiple vehicle agreements, collectively valued in the hundreds of millions of dollars. The fixed-price with economic price adjustment pricing structure allows the contractor to adjust prices based on market conditions while maintaining budget predictability for the government, making it a standard contracting mechanism for commodity fuel procurement by the Defense Logistics Agency.
Quick answers
Who was awarded contract SPE60224FA37V?
SPE60224FA37V was awarded to Valero Marketing And Supply Co by Energy (Defense Logistics Agency) on August 23, 2024.
How much is contract SPE60224FA37V worth?
The government has obligated $1,317,007 on SPE60224FA37V.
Is contract SPE60224FA37V an order under another contract?
Yes. SPE60224FA37V is a delivery order under SPE60223D0494, an indefinite delivery contract.
Was contract SPE60224FA37V competed?
The extent of competition for SPE60224FA37V was full and open competition.
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