Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA15Z
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $930,953
Award facts
- Contract value 100% obligated
- $930,952.67 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.
About this award
This federal contract award was issued by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, for the delivery of various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract, valued at $930,952.67, is a fixed-price with economic price adjustment delivery order, with a period of performance through July 31, 2024. This contract is part of DLA Energy's efforts to maintain a steady supply of fuel for Department of Defense operations in the Western Pacific and Middle East regions. HD Hyundai Oilbank is a major energy supplier to the U.S. military, holding several Indefinite Delivery Contracts (IDCs) with DLA Energy, with potential values ranging from $17 million to $25 million, to support the agency's annual bulk petroleum requirements.
Quick answers
Who was awarded contract SPE60224FA15Z?
SPE60224FA15Z was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 2, 2024.
How much is contract SPE60224FA15Z worth?
The government has obligated $930,953 on SPE60224FA15Z.
Is contract SPE60224FA15Z an order under another contract?
Yes. SPE60224FA15Z is a delivery order under SPE60224D0453, an indefinite delivery contract.
Was contract SPE60224FA15Z competed?
The extent of competition for SPE60224FA15Z was full and open competition.
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