Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA23L
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $920,210
Award facts
- Contract value 100% obligated
- $920,210.43 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
The U.S. Defense Logistics Agency (DLA) awarded a $920,210.43 fixed-price delivery order contract with economic price adjustment to HD Hyundai Oilbank Co., Ltd., a South Korean-based foreign-owned for-profit organization, to provide various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, in support of U.S. Department of Defense operations in the Western Pacific and Middle East regions. This delivery order contract has an ultimate completion date of August 21, 2024 and is not set aside. HD Hyundai Oilbank Co., Ltd. holds several significant Indefinite Delivery Contracts (IDCs) with DLA Energy, valued between $17 million and $32 million, which serve as the foundation for its ongoing fuel supply relationship with the U.S. military under major programs such as WESTPAC (Western Pacific) and FEB (Far East Bulk).
Quick answers
Who was awarded contract SPE60224FA23L?
SPE60224FA23L was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on July 22, 2024.
How much is contract SPE60224FA23L worth?
The government has obligated $920,210 on SPE60224FA23L.
Is contract SPE60224FA23L an order under another contract?
Yes. SPE60224FA23L is a delivery order under SPE60224D0453, an indefinite delivery contract.
Was contract SPE60224FA23L competed?
The extent of competition for SPE60224FA23L was full and open competition.
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