Turbine fuel, aviation
Ended Awarded
- Contract number
- SPE60225FB14X
- Awardee
-
HD Hyundai Oilbank Co., LTD UEI NH2NJE88L916
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,822,092
Award facts
- Contract value 112% obligated
- $1,631,900.38 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 | -$190,192 | |
| Original award | $1,822,092 |
About this award
The Department of Defense issued a $1.63 million delivery order to HD Hyundai Oilbank Co., LTD on February 27, 2025, for the supply of aviation turbine fuel. The order is issued under an Indefinite Delivery Contract with the Defense Logistics Agency Energy, a single-award vehicle with a ceiling of $23.1 million running through December 31, 2025, under the WESTPAC (Western Pacific) Purchase Program.
The contract covers fixed-price supply of 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. This delivery order has an ultimate completion date of April 16, 2025, and pricing includes economic price adjustment provisions to account for fuel market fluctuations. No set-aside was used for this award.
Quick answers
Who was awarded contract SPE60225FB14X?
SPE60225FB14X was awarded to HD Hyundai Oilbank Co., LTD by Energy (Defense Logistics Agency) on February 27, 2025.
How much is contract SPE60225FB14X worth?
The government has obligated $1,822,092 on SPE60225FB14X. Its current value, with exercised options, is $1,631,900.
Is contract SPE60225FB14X an order under another contract?
Yes. SPE60225FB14X is a delivery order under SPE60225D0455, an indefinite delivery contract.
Was contract SPE60225FB14X competed?
The extent of competition for SPE60225FB14X was full and open competition.
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