Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60224FZ525
- Awardee
-
Placid Refining Company LLC UEI CXD5EEEUBM63
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $5,779,284
Award facts
- Contract value 100% obligated
- $5,779,284.00 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 awarded a $5.78 million delivery order to Placid Refining Company LLC on April 12, 2024, for the supply of aviation turbine fuel. The contract, which operates under a fixed-price structure with economic price adjustment provisions, is set to be completed by April 28, 2024, and will be performed at Placid Refining's refinery facility in Port Allen, Louisiana. This delivery order does not utilize a specific set-aside designation and is funded through the Defense Logistics Agency Energy, the Department of Defense's primary procurement agent for fuel and energy products. Placid Refining specializes in producing military-grade jet propulsion fuels that meet strict federal specifications, including JP5, JP8, JAA, and F76 naval distillate fuel.
This delivery order is issued under one of Placid Refining's three prime Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with DLA Energy. The underlying IDIQ contract, most recently awarded in March 2024, is valued at $246.9 million and runs through March 2025 with a partial small business set-aside. Through these master agreements, Placid Refining provides aviation turbine fuel to support operations at over 250 Department of Defense locations worldwide. The economic price adjustment mechanism allows DLA Energy to manage market price fluctuations while maintaining procurement flexibility for this critical supply chain supporting global military operations.
Quick answers
Who was awarded contract SPE60224FZ525?
SPE60224FZ525 was awarded to Placid Refining Company LLC by Energy (Defense Logistics Agency) on April 12, 2024.
How much is contract SPE60224FZ525 worth?
The government has obligated $5,779,284 on SPE60224FZ525.
Is contract SPE60224FZ525 an order under another contract?
Yes. SPE60224FZ525 is a delivery order under SPE60224D0469, an indefinite delivery contract.
Was contract SPE60224FZ525 competed?
The extent of competition for SPE60224FZ525 was full and open competition after exclusion of sources.
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