Distillate, naval

Ended Awarded

Contract number
SPE60224FA48U
Awardee
Awarding agency
Obligated
$21,090,017

Award facts

Contract value 100% obligated
$21,090,016.50 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 P00002 $240,009
Modification $20,714,999
Other Administrative Action P00001 · 8510900929 ! Distillate, naval $135,009

About this award

This federal contract award to S-Oil Corporation, through its Fuel Product Overseas Marketing Team Division, involves the delivery of 8510900929 - Distillate, Naval (F76) fuel to support U.S. military operations in South Korea. The $21,090,016.50 fixed-price with economic price adjustment contract has an ultimate completion date of October 7, 2024 and was awarded on September 18, 2024 by the Defense Logistics Agency Energy (DLA Energy), a component of the Department of Defense.

S-Oil Corporation is a major supplier of petroleum-based products to the U.S. federal government, particularly the Department of Defense, and has been awarded over $1 billion in similar fixed-price and fixed-price with economic price adjustment delivery orders from DLA Energy since 2019. These awards demonstrate S-Oil's critical role in fulfilling mission-critical fuel requirements for U.S. military forces in the Western Pacific and Middle East regions. No set-aside designation was used for this contract. S-Oil does not appear to have any major subcontractors identified in this specific award.

Quick answers

Who was awarded contract SPE60224FA48U?

SPE60224FA48U was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on September 18, 2024.

How much is contract SPE60224FA48U worth?

The government has obligated $21,090,017 on SPE60224FA48U.

Is contract SPE60224FA48U an order under another contract?

Yes. SPE60224FA48U is a delivery order under SPE60224D0457, an indefinite delivery contract.

Was contract SPE60224FA48U competed?

The extent of competition for SPE60224FA48U was full and open competition.

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