Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA35L
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $17,962,226
Award facts
- Contract value 100% obligated
- $17,962,226.10 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 | -$89,705 | |
| Original award | $18,051,931 |
About this award
This federal contract award to S-Oil Corporation, a major South Korean oil refiner, involves the delivery of turbine fuel aviation (JP5 and JA1) to support U.S. military operations in the Western Pacific and Middle East regions. The $17,962,226.10 fixed-price with economic price adjustment delivery order was issued by the Defense Logistics Agency Energy (DLA Energy), part of the U.S. Department of Defense.
S-Oil has been a prime contractor for over 50 fuel supply contracts with DLA Energy since 2019, totaling more than $1 billion. The company also holds several significant indefinite delivery vehicle (IDV) contracts with DLA Energy, including an $869.9 million IDV awarded in October 2023 for the delivery of various fuel types, and a $681.6 million IDV from October 2022 for the supply of turbine fuel aviation, naval distillate, and additives. These IDV contracts, along with their associated task orders, have resulted in over $1.5 billion in fuel supply contracts for S-Oil, demonstrating the company's vital role in supporting the Department of Defense's global energy requirements.
Quick answers
Who was awarded contract SPE60224FA35L?
SPE60224FA35L was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on August 19, 2024.
How much is contract SPE60224FA35L worth?
The government has obligated $17,962,226 on SPE60224FA35L.
Is contract SPE60224FA35L an order under another contract?
Yes. SPE60224FA35L is a delivery order under SPE60224D0457, an indefinite delivery contract.
Was contract SPE60224FA35L competed?
The extent of competition for SPE60224FA35L was full and open competition.
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