Distillate, naval
Ended Awarded
- Contract number
- SPE60224FA02L
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $22,663,405
Award facts
- Contract value 100% obligated
- $22,663,405.17 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- PSC
- 9140 Fuel Oils
- 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 | $5,241,204 | |
| Original award | $17,422,201 |
About this award
This federal contract award is for the delivery of distillate naval fuel (F76) to support U.S. military operations in South Korea. The contract was awarded to S-Oil Corporation, a major South Korean oil refiner, by the Defense Logistics Agency Energy (DLA Energy), a component of the U.S. Department of Defense.
The award has a ceiling value of $22,663,405.17 and a completion date of July 3, 2024. It is a delivery order contract with a fixed-price with economic price adjustment pricing type. This contract is part of a larger indefinite delivery vehicle (IDV) that S-Oil holds with DLA Energy, valued at up to $869.9 million, to provide various fuel products to U.S. military installations in the Western Pacific region. S-Oil has been a key supplier of fuel products to DLA Energy, with over $1.5 billion in fuel supply contracts awarded since 2019. There is no set-aside designation mentioned for this specific contract.
Quick answers
Who was awarded contract SPE60224FA02L?
SPE60224FA02L was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on May 31, 2024.
How much is contract SPE60224FA02L worth?
The government has obligated $22,663,405 on SPE60224FA02L.
Is contract SPE60224FA02L an order under another contract?
Yes. SPE60224FA02L is a delivery order under SPE60224D0457, an indefinite delivery contract.
Was contract SPE60224FA02L competed?
The extent of competition for SPE60224FA02L was full and open competition.
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