Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60225FB04T
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,879,431
Award facts
- Contract value 102% 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 |
|---|---|---|
| Other Administrative Action | -$45,721 | |
| Original award | $1,879,431 |
About this award
The Department of Defense Defense Logistics Agency Energy issued a delivery order to HD Hyundai Oilbank Co., LTD on February 3, 2025, for the supply of aviation turbine fuel with a ceiling value of $1,833,710, under the WESTPAC Purchase Program indefinite delivery contract.
The order covers fixed-price delivery of Jet Propulsion Fuel types 5 and 8 (JP5, JP8) and other aviation turbine fuels, priced with economic price adjustment to account for fuel market volatility. Place of performance is South Korea, with ultimate completion by March 12, 2025. HD Hyundai Oilbank operates its Special Product Business Team Division and supplies petroleum products to Department of Defense installations and vessels throughout the Western Pacific and Middle East regions. The parent WESTPAC Purchase Program IDC, awarded December 12, 2024, carries a $23.1 million ceiling and runs through December 31, 2025.
Quick answers
Who was awarded contract SPE60225FB04T?
SPE60225FB04T was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on February 3, 2025.
How much is contract SPE60225FB04T worth?
The government has obligated $1,879,431 on SPE60225FB04T. Its current value, with exercised options, is $1,833,710.
Is contract SPE60225FB04T an order under another contract?
Yes. SPE60225FB04T is a delivery order under SPE60225D0455, an indefinite delivery contract.
Was contract SPE60225FB04T competed?
The extent of competition for SPE60225FB04T was full and open competition.
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