Fuel oil, burner
Ended Awarded
- Contract number
- SPE60524FXE2T
- Awardee
-
Ryuseki Corporation UEI F64MZW4Z71P9
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $100,080
Award facts
- Contract value 100% obligated
- $100,080.19 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 324110 Petroleum Refineries
- PSC
- 9140 Fuel Oils
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Japan
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $26,436 | |
| Modification | $61,370 | |
| Other Administrative Action | $12,274 |
About this award
The U.S. Department of Defense has awarded a delivery order to Ryuseki Corporation for the supply of burner fuel oil to support military operations in Japan. This $100,080.19 fixed-price delivery order with economic price adjustment was awarded on February 28, 2024, with a completion date of March 31, 2024. The award was made without a set-aside designation, indicating open competition. Ryuseki Corporation, a Japan-based energy and logistics provider headquartered in Okinawa, serves as the prime contractor and has established itself as a critical fuel distribution partner for U.S. military installations throughout the Indo-Pacific region.
The delivery order falls under Ryuseki Corporation's larger Indefinite Delivery Contract with the Defense Logistics Agency Energy, valued at approximately $88.3 million through June 30, 2029. This substantial IDC covers an extensive portfolio of petroleum products including aviation turbine fuel, automotive gasoline, and burner fuel oil, with estimated deliveries of approximately 2.8 million gallons across multiple U.S. military installations in Japan. The contract pricing structure incorporates economic price adjustments based on Platts Japan escalators, reflecting market fluctuations in fuel costs. Ryuseki Corporation's strategic role in maintaining energy supply chains demonstrates the importance of sustained fuel logistics capabilities to support U.S. military operations and readiness in the region.
Quick answers
Who was awarded contract SPE60524FXE2T?
SPE60524FXE2T was awarded to Ryuseki Corporation by Energy (Defense Logistics Agency) on February 28, 2024.
How much is contract SPE60524FXE2T worth?
The government has obligated $100,080 on SPE60524FXE2T.
Is contract SPE60524FXE2T an order under another contract?
Yes. SPE60524FXE2T is a delivery order under SPE60521D1003, an indefinite delivery contract.
Was contract SPE60524FXE2T competed?
The extent of competition for SPE60524FXE2T was full and open competition.
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