Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA54K
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $788,928
Award facts
- Contract value 100% obligated
- $788,927.88 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $788,928 |
About this award
The U.S. Defense Logistics Agency (DLA) Energy awarded a $788,927.88 fixed-price delivery order contract to HD Hyundai Oilbank Co., LTD's Special Product Business Team Division, a foreign-owned for-profit organization based in South Korea. The contract is for the supply of 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 in the Western Pacific and Middle East regions. This delivery order is part of a larger Indefinite Delivery Contract (IDC) valued at $25,117,187.45, which runs through December 31, 2024. HD Hyundai Oilbank has consistently secured high-value IDCs with DLA Energy, demonstrating its reliability as a key energy supplier to the U.S. military. The contract does not have a set-aside designation, indicating the company's competitive position in the market.
Quick answers
Who was awarded contract SPE60224FA54K?
SPE60224FA54K was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on September 26, 2024.
How much is contract SPE60224FA54K worth?
The government has obligated $788,928 on SPE60224FA54K.
Is contract SPE60224FA54K an order under another contract?
Yes. SPE60224FA54K is a delivery order under SPE60224D0453, an indefinite delivery contract.
Was contract SPE60224FA54K competed?
The extent of competition for SPE60224FA54K was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award