This contract award to Placid Refining Company LLC is for the delivery of aviation turbine fuel, including JP5, JP8, JAA, and F76, to the U.S. Department of Defense. It is a fixed-price delivery order contract with economic price adjustment, allowing for market fluctuations while providing predictable pricing.
The contract is part of larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts held by Placid Refining with the Defense Logistics Agency Energy (DLA Energy), valued at $246.9 million, $310.7 million, and $214.5 million. These IDIQ contracts facilitate the issuance of delivery orders for over 1.4 billion gallons of various jet propulsion fuels annually. The contracts do not utilize set-aside designations, but the underlying IDIQ contracts often incorporate partial small business set-asides, enabling DLA Energy to leverage both large and small contractors in its fuel supply chain.
The current delivery order contract has a ceiling value of $4,577,580.00 and an ultimate completion date of December 27, 2024.
Generated 3/18/25, 9:58 AM