Turbine fuel, aviation

Ended Awarded

Contract number
SPE60225FA87A
Awardee
Awarding agency
Obligated
$3,764,400

Award facts

Contract value 100% obligated
$3,764,399.52 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 federal contract award to SK Energy Co., LTD., a South Korean energy company, for the supply of turbine fuel, aviation fuel, and diesel fuel to the U.S. Department of Defense in South Korea and the Western Pacific region. The contract has a ceiling value of $3,764,399.52 and is a delivery order under an Indefinite Delivery Contract (IDC) with the Defense Logistics Agency Energy (DLA Energy). The contract is a fixed-price with economic price adjustment and does not have a set-aside designation, indicating SK Energy's competitive position in the market. SK Energy has established itself as a critical fuel supplier for U.S. military operations in the Asia-Pacific theater, having provided over 50 million gallons of jet fuel worth approximately $130 million and 14 million gallons of diesel fuel valued at over $3 million to U.S. military installations through various prime contract delivery orders.

Quick answers

Who was awarded contract SPE60225FA87A?

SPE60225FA87A was awarded to SK Energy Co., LTD. by Energy (Defense Logistics Agency) on December 18, 2024.

How much is contract SPE60225FA87A worth?

The government has obligated $3,764,400 on SPE60225FA87A.

Is contract SPE60225FA87A an order under another contract?

Yes. SPE60225FA87A is a delivery order under SPE60224D0456, an indefinite delivery contract.

Was contract SPE60225FA87A competed?

The extent of competition for SPE60225FA87A 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