Delivery Order SPE60224D0456-SPE60224FA29L

Award Date 8/2/24
Potential Completion Date 8/27/24
Potential Value $3.6M
Federal Agency
Energy
Ultimate Awardee
SK Energy Co., LTD.
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Full and Open Competition
Major Defense Program
Not listed
Pricing Type
Fixed Price with Economic Price Adjustment
Place of Performance
South Korea
Solicitation Procedures
Negotiated Proposal / Quote
Number Of Offers Received
Not listed
Legislative Mandate
Not listed
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
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  • SPE60224D0456
    Indefinite Delivery Contract
  • SPE60224D0456-SPE60224FA29L
    Delivery Order

This federal contract award, valued at $3,607,200.24, was issued by the Defense Logistics Agency Energy (DLA Energy) to SK Energy Co., LTD., a South Korean energy company, to provide turbine fuel, aviation fuel, and diesel fuel to support U.S. military operations in South Korea and the Western Pacific region.

The contract is a delivery order under multiple Indefinite Delivery Vehicles (IDVs) held by SK Energy Co., LTD. with DLA Energy, totaling over $248 million in potential value. These IDVs allow DLA Energy to efficiently issue task orders as fuel needs arise, ensuring a reliable supply chain for critical defense operations. The contract does not have a set-aside designation, indicating SK Energy Co., LTD.'s competitive position in the market.

As a major supplier of petroleum-based fuels to the U.S. Department of Defense (DoD), SK Energy Co., LTD. has consistently delivered large volumes of jet fuel and diesel fuel to U.S. military installations in the region, supporting various DoD activities, including aviation, maritime, and ground force operations. The contract has a fixed-price with economic price adjustment pricing structure and an ultimate completion date of August 27, 2024.

Generated 11/1/24, 10:30 AM