Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FY298
- Awardee
-
S-Oil Corporation UEI ZGCENJD7ZG18
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $24,159,361
Award facts
- Contract value 100% obligated
- $24,159,360.96 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 |
|---|---|---|
| Modification | $24,272,156 | |
| Other Administrative Action | $136,806 | |
| Other Administrative Action | -$168,003 | |
| Other Administrative Action | -$148,801 | |
| Other Administrative Action | $67,203 |
About this award
This is a fixed-price delivery order with economic price adjustment, awarded by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, South Korea's largest oil refiner, for the provision of turbine fuel, aviation. The $24,159,360.96 award has a period of performance from December 21, 2023 to January 17, 2024, and is to support fuel requirements at U.S. military installations in South Korea. S-Oil has performed as the prime contractor on over 50 similar delivery orders from DLA Energy since 2019, valued at over $1 billion total, to provide a variety of petroleum products. The company also holds several indefinite-delivery contracts with DLA Energy to supply bulk fuels in support of U.S. defense operations in the Western Pacific and Middle East regions, with associated delivery orders totaling over $1.5 billion to date. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract SPE60224FY298?
SPE60224FY298 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on December 21, 2023.
How much is contract SPE60224FY298 worth?
The government has obligated $24,159,361 on SPE60224FY298.
Is contract SPE60224FY298 an order under another contract?
Yes. SPE60224FY298 is a delivery order under SPE60224D0457, an indefinite delivery contract.
Was contract SPE60224FY298 competed?
The extent of competition for SPE60224FY298 was full and open competition.
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