Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60225FA95Z
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,816,096
Award facts
- Contract value 99% obligated
- $1,833,710.00 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 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 |
|---|---|---|
| Modification | $1,816,096 | |
| Other Administrative Action | $17,614 |
About this award
The Department of Defense, through the Defense Logistics Agency Energy, issued a $1.83 million delivery order to HD Hyundai Oilbank Co., LTD on January 15, 2025, for aviation turbine fuel procurement under a WESTPAC (Western Pacific) Purchase Program Indefinite Delivery Contract.
The parent IDC carries a ceiling value of $23.1 million and runs through December 31, 2025. HD Hyundai Oilbank, a South Korean-based foreign-owned organization, supplies jet propulsion fuel types (JP5 and JP8) and related petroleum products to support U.S. military operations across the Western Pacific and Middle East regions. Place of performance is South Korea, with fuel delivered via tankers, barges, trucks, railcars, and pipelines to U.S. military installations and vessels in locations including South Korea, Japan, Singapore, and Diego Garcia. The order has a fixed-price structure with economic price adjustment provisions and an ultimate completion date of February 26, 2025. No set-aside was applied to this award.
Quick answers
Who was awarded contract SPE60225FA95Z?
SPE60225FA95Z was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on January 15, 2025.
How much is contract SPE60225FA95Z worth?
The government has obligated $1,816,096 on SPE60225FA95Z. Its current value, with exercised options, is $1,833,710.
Is contract SPE60225FA95Z an order under another contract?
Yes. SPE60225FA95Z is a delivery order under SPE60225D0455, an indefinite delivery contract.
Was contract SPE60225FA95Z competed?
The extent of competition for SPE60225FA95Z was full and open competition.
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