Gasoline, automotive
Ended Awarded Last action
- Contract number
- SPE60520FEW2J
- Awardee
-
Foster Fuels, Inc. UEI H37MEMNXPS23
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $2,930
Award facts
- Contract value 100% obligated
- $2,929.89 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
- Brookneal, VA 24528, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$4,119 | |
| Original award | $7,049 |
About this award
This is a federal contract award issued by the Defense Logistics Agency (DLA) to Foster Fuels, Inc., a small business subchapter S corporation based in Brookneal, Virginia. The contract is for the delivery of automotive gasoline, with a ceiling value of $2,929.89 and an ultimate completion date of October 28, 2020. The contract is a Delivery Order with a Fixed Price with Economic Price Adjustment pricing type, indicating flexibility in pricing to accommodate market fluctuations.
Foster Fuels, Inc. is an experienced provider of a comprehensive range of petroleum products, including gasoline, diesel, aviation fuel, propane, and biodiesel, primarily to federal government agencies, with a significant focus on supporting the Department of Defense (DoD). The company has a history of executing fixed-price contracts with economic price adjustment mechanisms, demonstrating its ability to meet tight delivery timelines and adapt to varying fuel requirements across multiple sectors. This contract award is not set aside for small businesses, indicating Foster Fuels' competitive capabilities in the federal fuel supply market.
Quick answers
Who was awarded contract SPE60520FEW2J?
SPE60520FEW2J was awarded to Foster Fuels, Inc. by Energy (Defense Logistics Agency) on September 29, 2020.
How much is contract SPE60520FEW2J worth?
The government has obligated $2,930 on SPE60520FEW2J.
Is contract SPE60520FEW2J an order under another contract?
Yes. SPE60520FEW2J is a delivery order under SPE60518D8501, an indefinite delivery contract.
Was contract SPE60520FEW2J competed?
The extent of competition for SPE60520FEW2J was full and open competition.
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