Liquid propellants and fuels
Ended Awarded Last action
- Contract number
- SPE60226FC30W
- Awardee
-
Hanwha Totalenergies Petrochemical Co., LTD. UEI LPLLFZUNTTJ7
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $17,505,006
Award facts
- Contract value 99% obligated
- $17,708,760.03 Current and potential, with all options
- Completion date
- Current and potential, with all options
- Contracting staff
- 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 |
|---|---|---|
| Other Administrative Action | $86,396 | |
| Other Administrative Action | $82,805 | |
| Other Administrative Action | -$208,800 | |
| Other Administrative Action | $203,754 | |
| Original award | $17,544,605 |
About this award
The U.S. Department of Defense, through the Defense Logistics Agency Energy, awarded a $17.7 million fixed-price delivery order with economic price adjustment to Hanwha Totalenergies Petrochemical Co., LTD. for the supply of liquid propellants and fuels supporting Western Pacific (WESTPAC) operations. The contract, which was awarded and is scheduled for completion on January 15, 2026, does not utilize a set-aside designation. Hanwha Totalenergies Petrochemical Co., LTD., a South Korean petrochemical company, will perform the work from its location in South Korea, leveraging its established track record as a supplier of aviation turbine fuel and bulk petroleum products to the Defense Logistics Agency Energy.
This delivery order is issued under a larger indefinite delivery contract vehicle valued at $61.5 million that authorizes Hanwha Totalenergies Petrochemical Co., LTD. to supply bulk petroleum products, including Naval Distillate and aviation turbine fuel with and without additives, to Western Pacific and Middle East locations. The contractor has demonstrated substantial experience fulfilling similar fixed-price orders with economic price adjustment mechanisms, with prior deliveries ranging from approximately $24.5 million to $30.6 million. The economic price adjustment provision allows for pricing flexibility based on market conditions while maintaining cost predictability for the government's fuel supply operations in the region.
Quick answers
Who was awarded contract SPE60226FC30W?
SPE60226FC30W was awarded to Hanwha Totalenergies Petrochemical Co., LTD. by Energy (Defense Logistics Agency) on January 15, 2026.
How much is contract SPE60226FC30W worth?
The government has obligated $17,505,006 on SPE60226FC30W. Its current value, with exercised options, is $17,708,760.
Is contract SPE60226FC30W an order under another contract?
Yes. SPE60226FC30W is a delivery order under SPE60225D0454, an indefinite delivery contract.
Was contract SPE60226FC30W competed?
The extent of competition for SPE60226FC30W was full and open competition.
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