Gasoline, automotive
Ended Awarded
- Contract number
- SPE60524FYK0V
- Awardee
-
Okinawa Idemitsu K.K. UEI JA8GWB6NWKC5
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $42,623,301
Award facts
- Contract value 100% obligated
- $42,623,300.97 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
- Japan
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Modification | $42,623,301 | |
| Terminate for Convenience | $0 | |
| Terminate for Convenience | $0 |
About this award
This is a delivery order contract awarded by the Defense Logistics Agency (DLA) Energy to Okinawa Idemitsu K.K., a subsidiary of the major Japanese petroleum company Idemitsu Kosan Co., Ltd. The contract is for the supply of automotive gasoline to support U.S. Department of Defense (DoD) operations in Japan. The contract has a ceiling value of $42,623,300.97 and a period of performance through June 30, 2024. It is a fixed-price contract with economic price adjustment provisions, allowing for flexibility in response to market fluctuations. Okinawa Idemitsu K.K. is the prime contractor, and there are no major subcontractors listed. The contract is not designated as a set-aside. This award is likely part of a larger indefinite delivery/indefinite quantity (IDIQ) contract between Okinawa Idemitsu K.K. and DLA Energy, valued at $61,785,548.00, which serves as the primary vehicle for the company's fuel supply operations to DoD installations in Japan.
Quick answers
Who was awarded contract SPE60524FYK0V?
SPE60524FYK0V was awarded to Okinawa Idemitsu K.K. by Energy (Defense Logistics Agency) on May 29, 2024.
How much is contract SPE60524FYK0V worth?
The government has obligated $42,623,301 on SPE60524FYK0V.
Is contract SPE60524FYK0V an order under another contract?
Yes. SPE60524FYK0V is a delivery order under SPE60521D1004, an indefinite delivery contract.
Was contract SPE60524FYK0V competed?
The extent of competition for SPE60524FYK0V was full and open competition.
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