Fuel oil, burner
Ended Awarded
- Contract number
- SPE60525FACQ5
- Awardee
-
Ryuseki Corporation UEI F64MZW4Z71P9
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $41,967
Award facts
- Contract value 100% obligated
- $41,967.00 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 |
|---|---|---|
| Modification | $27,978 | |
| Other Administrative Action | $13,989 |
About this award
Ryuseki Corporation, a Japan-based fuel distribution company headquartered in Okinawa, was awarded a delivery order valued at $41,967 for burner fuel oil by the Department of Defense through the Defense Logistics Agency (DLA) Energy on October 22, 2024. This fixed-price contract with economic price adjustment provisions is scheduled for completion by November 30, 2024, with performance taking place in Japan. The award represents an unrestricted competition delivery order with no set-aside designation, allowing Ryuseki to compete directly against other qualified vendors for the fuel supply requirement.
This delivery order falls under Ryuseki Corporation's larger Indefinite Delivery Contract with DLA Energy valued at approximately $88.3 million through June 30, 2029, which covers comprehensive fuel distribution to U.S. military installations across Japan. The company has established itself as a critical logistics partner for the Defense Department in the Indo-Pacific region, providing petroleum products including aviation turbine fuel, automotive gasoline, and burner fuel oil to military installations, vessels, and aircraft. The pricing structure utilizes economic price adjustments based on Platts Japan escalators, reflecting the dynamic nature of fuel commodity markets and ensuring fair pricing aligned with regional market conditions.
Quick answers
Who was awarded contract SPE60525FACQ5?
SPE60525FACQ5 was awarded to Ryuseki Corporation by Energy (Defense Logistics Agency) on October 22, 2024.
How much is contract SPE60525FACQ5 worth?
The government has obligated $41,967 on SPE60525FACQ5.
Is contract SPE60525FACQ5 an order under another contract?
Yes. SPE60525FACQ5 is a delivery order under SPE60521D1003, an indefinite delivery contract.
Was contract SPE60525FACQ5 competed?
The extent of competition for SPE60525FACQ5 was full and open competition.
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