Gasoline, automotive
Ended Awarded
- Contract number
- SPE60523FTK2Q
- Awardee
-
Okinawa Idemitsu K.K. UEI JA8GWB6NWKC5 Part of Idemitsu Kosan Co.,Ltd.
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $44,167,355
Award facts
- Contract value 91% obligated
-
- $44,167,354.75 Current, with exercised options
- $48,525,200.42 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
- Firm Fixed Price
- Place of performance
- Japan
Award details come from SAM.gov/FPDS.
About this award
The Defense Logistics Agency (DLA) Energy awarded a $48.5 million delivery order for automotive gasoline to Okinawa Idemitsu K.K., a subsidiary of Japanese petroleum company Idemitsu Kosan Co., Ltd., on April 27, 2023. This firm fixed-price contract is set to be completed by May 31, 2023, and will supply fuel to U.S. military installations throughout Japan. The award was issued without set-aside designations through full and open competition, reflecting standard procurement practices for the DLA Energy's bulk fuel supply programs supporting Department of Defense operations in the region.
This delivery order is issued under Okinawa Idemitsu K.K.'s larger indefinite delivery/indefinite quantity (IDIQ) contract with DLA Energy (SPE60524D1005), valued at $154.9 million through June 30, 2029, which serves as the primary vehicle for automotive gasoline procurement for U.S. military installations in Japan. The IDIQ contract is part of DLA Energy's Posts, Camps and Stations Purchase Program and utilizes fixed-price economic price adjustment arrangements to accommodate market fluctuations. No major subcontractors are associated with this award, and the vendor maintains a strategic role in sustaining U.S. military logistics operations across Japan.
Quick answers
Who was awarded contract SPE60523FTK2Q?
SPE60523FTK2Q was awarded to Okinawa Idemitsu K.K. by Energy (Defense Logistics Agency) on April 27, 2023.
How much is contract SPE60523FTK2Q worth?
The government has obligated $44,167,355 on SPE60523FTK2Q. Its potential value, with all options, is $48,525,200.
Is contract SPE60523FTK2Q an order under another contract?
Yes. SPE60523FTK2Q is a delivery order under SPE60521D1004, an indefinite delivery contract.
Was contract SPE60523FTK2Q competed?
The extent of competition for SPE60523FTK2Q was full and open competition.
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