Fuel oil, burner

Ended Awarded

Contract number
SPE60524FXP8Y
Awardee
Awarding agency
Obligated
$70,558

Award facts

Contract value 100% obligated
$70,557.84 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.

About this award

Ryuseki Corporation, a Japan-based logistics and energy solutions provider headquartered in Okinawa, was awarded a $70,557.84 delivery order for burner fuel oil by the Department of Defense on March 27, 2024. This fixed-price contract with economic price adjustment is scheduled for completion by April 30, 2024, with performance taking place in Japan. The award was not set aside for any specific business category, indicating open competition. Ryuseki Corporation holds a substantial Indefinite Delivery Contract with Defense Logistics Agency Energy valued at approximately $88.3 million through June 30, 2029, which serves as the framework vehicle for this delivery order and covers an estimated 2.8 million gallons of various petroleum products destined for U.S. military installations across Japan.

This delivery order reflects the ongoing critical role Ryuseki Corporation plays in supporting U.S. defense logistics and energy supply chains in the Indo-Pacific region. The company's established expertise in fuel distribution to military installations, vessels, and aircraft—combined with its subsidiary Okinawa Marine Service Co., Ltd.'s maritime support capabilities—positions it as a key partner for the Department of Defense operations in Japan. The economic price adjustment mechanism built into this contract structure allows for cost flexibility based on market conditions while maintaining pricing certainty for the government's fuel requirements at forward-deployed installations.

Quick answers

Who was awarded contract SPE60524FXP8Y?

SPE60524FXP8Y was awarded to Ryuseki Corporation by Energy (Defense Logistics Agency) on March 27, 2024.

How much is contract SPE60524FXP8Y worth?

The government has obligated $70,558 on SPE60524FXP8Y.

Is contract SPE60524FXP8Y an order under another contract?

Yes. SPE60524FXP8Y is a delivery order under SPE60521D1003, an indefinite delivery contract.

Was contract SPE60524FXP8Y competed?

The extent of competition for SPE60524FXP8Y was full and open competition.

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