Distillate, naval

Ended Awarded

Contract number
SPE60224FY602
Awardee
Awarding agency
Obligated
$20,441,297

Award facts

Contract value 100% obligated
$20,441,296.68 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 $195,702
Modification $19,245,103
Other Administrative Action P00002 · 8510396037 ! Distillate, naval $1,000,493

About this award

This is a fixed-price with economic price adjustment delivery order awarded by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, South Korea's largest oil refiner, to provide 8510396037 distillate naval fuel. The $20,441,296.68 order has a performance period from January 22, 2024 to February 5, 2024, and supports fuel requirements at U.S. military installations in South Korea. S-Oil Corporation, through its Fuel Product Overseas Marketing Team division, has been awarded over 50 delivery orders from DLA Energy since 2019 totaling over $1 billion to supply turbine fuel aviation, distillate naval fuel, and other 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 exceeding $1.5 billion. This award does not have a set-aside designation, and no subcontractors were indicated.

Quick answers

Who was awarded contract SPE60224FY602?

SPE60224FY602 was awarded to S-Oil Corporation by Energy (Defense Logistics Agency) on January 22, 2024.

How much is contract SPE60224FY602 worth?

The government has obligated $20,441,297 on SPE60224FY602.

Is contract SPE60224FY602 an order under another contract?

Yes. SPE60224FY602 is a delivery order under SPE60224D0457, an indefinite delivery contract.

Was contract SPE60224FY602 competed?

The extent of competition for SPE60224FY602 was full and open competition.

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