Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA38E
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $854,878
Award facts
- Contract value 100% obligated
- $854,877.57 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 is a delivery order awarded by the Defense Logistics Agency (DLA) 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, to support U.S. Department of Defense operations across the Western Pacific and Middle East regions. The contract has a ceiling value of $854,877.57 and is structured as a fixed-price delivery order with economic price adjustment. This award is associated with a larger Indefinite Delivery Contract (IDC) valued at $25,117,187.45 that was awarded to HD Hyundai Oilbank in November 2023. The contract does not have a set-aside designation, indicating the company's competitive position in the market. HD Hyundai Oilbank has consistently secured and fulfilled high-value, single-award IDCs with DLA Energy, underscoring its reliability and importance as a key energy supplier to the U.S. Department of Defense.
Quick answers
Who was awarded contract SPE60224FA38E?
SPE60224FA38E was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on August 26, 2024.
How much is contract SPE60224FA38E worth?
The government has obligated $854,878 on SPE60224FA38E.
Is contract SPE60224FA38E an order under another contract?
Yes. SPE60224FA38E is a delivery order under SPE60224D0453, an indefinite delivery contract.
Was contract SPE60224FA38E competed?
The extent of competition for SPE60224FA38E was full and open competition.
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