Turbine fuel, aviation

Ended Awarded

Contract number
SPE60225FA86M
Awardee
Awarding agency
Obligated
$1,746,391

Award facts

Contract value 100% obligated
$1,746,390.78 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9130 Liquid Propellants And Fuels, Petroleum Base
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.

About this award

The Department of Defense issued a $1,746,390.78 delivery order to HD Hyundai Oilbank Co., LTD on December 17, 2024, for the supply of aviation turbine fuel under a fixed-price contract with economic price adjustment. The order is due for ultimate completion on January 22, 2025.

This delivery order is issued under a Defense Logistics Agency Energy Indefinite Delivery Contract supporting the WESTPAC (Western Pacific) Purchase Program, which funds multiple fixed-price orders for aviation turbine fuels and naval distillate to support Department of Defense operations in the Western Pacific and Middle East regions. Place of performance is South Korea. The contract carries no set-aside designation and uses fixed-price pricing with economic price adjustment to account for fuel market fluctuations. HD Hyundai Oilbank supplies Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76 to U.S. military installations and vessels throughout Asia-Pacific and the Middle East via multiple transportation modes including tankers, barges, trucks, railcars, and pipelines.

Quick answers

Who was awarded contract SPE60225FA86M?

SPE60225FA86M was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on December 17, 2024.

How much is contract SPE60225FA86M worth?

The government has obligated $1,746,391 on SPE60225FA86M.

Is contract SPE60225FA86M an order under another contract?

Yes. SPE60225FA86M is a delivery order under SPE60225D0455, an indefinite delivery contract.

Was contract SPE60225FA86M competed?

The extent of competition for SPE60225FA86M was full and open competition.

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