Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA29L
- Awardee
-
SK Energy Co., LTD. UEI TKC7QS2MF144 Part of SK Energy Co., LTD.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $3,607,200
Award facts
- Contract value 100% obligated
- $3,607,200.24 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 | -$168,000 | |
| Other Administrative Action | -$143,600 | |
| Other Administrative Action | -$162,001 | |
| Original award | $4,080,801 |
About this award
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.
Quick answers
Who was awarded contract SPE60224FA29L?
SPE60224FA29L was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on August 2, 2024.
How much is contract SPE60224FA29L worth?
The government has obligated $3,607,200 on SPE60224FA29L.
Is contract SPE60224FA29L an order under another contract?
Yes. SPE60224FA29L is a delivery order under SPE60224D0456, an indefinite delivery contract.
Was contract SPE60224FA29L competed?
The extent of competition for SPE60224FA29L was full and open competition.
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