Turbine fuel, aviation

Ended Awarded

Contract number
SPE60224FZ955
Awardee
Awarding agency
Obligated
$1,902,960

Award facts

Contract value 100% obligated
$1,902,959.90 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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 to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, by the U.S. Defense Logistics Agency (DLA) Energy. The contract is for the delivery of 8510654605 Turbine Fuel, Aviation, with a period of performance through June 20, 2024 and a ceiling value of $1,902,959.90. It is a fixed-price contract with economic price adjustment. The contract supports DLA Energy's efforts to maintain a steady supply of fuel for U.S. Department of Defense operations in the Western Pacific and Middle East regions. HD Hyundai Oilbank has multiple indefinite delivery contracts with DLA Energy, with previous contract ceiling values ranging from $17 million to $25 million. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract SPE60224FZ955?

SPE60224FZ955 was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on May 23, 2024.

How much is contract SPE60224FZ955 worth?

The government has obligated $1,902,960 on SPE60224FZ955.

Is contract SPE60224FZ955 an order under another contract?

Yes. SPE60224FZ955 is a delivery order under SPE60224D0453, an indefinite delivery contract.

Was contract SPE60224FZ955 competed?

The extent of competition for SPE60224FZ955 was full and open competition.

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