Distillate, naval

Ended Awarded

Contract number
SPE60224FA31K
Awardee
Awarding agency
Obligated
$23,350,005

Award facts

Contract value 100% obligated
$23,350,005.00 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 P00001 -$100,002
Original award 8510813021 ! Distillate, naval $23,450,007

About this award

This is a delivery order awarded to S-Oil Corporation, a major supplier of petroleum-based products to the U.S. Department of Defense (DoD), under the Defense Logistics Agency Energy's (DLA Energy) contract vehicle. The award, valued at $23,350,005.00, is for the supply of distillate naval fuel (F76) to support U.S. military operations in South Korea. S-Oil, through its Fuel Product Overseas Marketing Team Division, has been a prime contractor for DLA Energy, receiving over $1 billion in fixed-price and fixed-price with economic price adjustment delivery orders since 2019. The company also holds several significant indefinite delivery vehicle (IDV) contracts with DLA Energy, totaling over $1.5 billion, for the delivery of various fuel types to the Western Pacific and Middle East regions. This contract award demonstrates S-Oil's critical role in fulfilling the DoD's mission-critical fuel requirements in the Asia-Pacific area.

Quick answers

Who was awarded contract SPE60224FA31K?

SPE60224FA31K was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on August 9, 2024.

How much is contract SPE60224FA31K worth?

The government has obligated $23,350,005 on SPE60224FA31K.

Is contract SPE60224FA31K an order under another contract?

Yes. SPE60224FA31K is a delivery order under SPE60224D0457, an indefinite delivery contract.

Was contract SPE60224FA31K competed?

The extent of competition for SPE60224FA31K was full and open competition.

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