Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FZ564
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,094,252
Award facts
- Contract value 100% obligated
- $2,094,252.08 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 contract awarded by the Defense Logistics Agency (DLA) Energy to HD Hyundai Oilbank Co., Ltd., a South Korean-based foreign-owned for-profit organization, for the supply of various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76. The contract has a fixed-price with economic price adjustment pricing structure and a total ceiling value of $2,094,252.08. The contract is not set aside and 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 and holds several Indefinite Delivery Contracts (IDCs) with DLA Energy, the latest of which has a ceiling value of $25,117,187.45 and covers the supply of various petroleum products through December 31, 2024.
Quick answers
Who was awarded contract SPE60224FZ564?
SPE60224FZ564 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on April 17, 2024.
How much is contract SPE60224FZ564 worth?
The government has obligated $2,094,252 on SPE60224FZ564.
Is contract SPE60224FZ564 an order under another contract?
Yes. SPE60224FZ564 is a delivery order under SPE60224D0453, an indefinite delivery contract.
Was contract SPE60224FZ564 competed?
The extent of competition for SPE60224FZ564 was full and open competition.
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