Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FA29X
- Awardee
-
Placid Refining Company LLC UEI CXD5EEEUBM63
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $5,058,522
Award facts
- Contract value 100% obligated
- $5,058,522.00 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 after exclusion of sources Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Port Allen, LA 70767, USA
Award details come from SAM.gov/FPDS.
About this award
The U.S. Department of Defense, through the Defense Logistics Agency Energy, awarded a delivery order valued at $5.06 million to Placid Refining Company LLC on August 5, 2024, for the supply of aviation turbine fuel. This fixed-price contract with economic price adjustment mechanisms is scheduled for completion by August 18, 2024, and will be performed at Placid Refining's facility in Port Allen, Louisiana. The award does not utilize a small business set-aside designation. Placid Refining specializes in producing military-specification jet propulsion fuels, including JP5, JP8, JAA, and F76 naval distillate, which are critical for maintaining Department of Defense operations across over 250 locations worldwide.
This delivery order is issued under one of Placid Refining's existing Indefinite Delivery/Indefinite Quantity master contracts with DLA Energy, which facilitate flexible fuel procurement while maintaining predictable pricing through economic price adjustment provisions. The company has consistently demonstrated its capability as a prime fuel supplier to the Defense Department through multiple contract awards, including recent IDIQ contracts valued at up to $310.7 million. The fixed-price structure with economic price adjustment allows the government to manage costs while protecting against market volatility in petroleum product pricing.
Quick answers
Who was awarded contract SPE60224FA29X?
SPE60224FA29X was awarded to Placid Refining Company LLC by Energy (Defense Logistics Agency) on August 5, 2024.
How much is contract SPE60224FA29X worth?
The government has obligated $5,058,522 on SPE60224FA29X.
Is contract SPE60224FA29X an order under another contract?
Yes. SPE60224FA29X is a delivery order under SPE60224D0469, an indefinite delivery contract.
Was contract SPE60224FA29X competed?
The extent of competition for SPE60224FA29X was full and open competition after exclusion of sources.
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