Gasoline, automotive
Ended Awarded
- Contract number
- SPE60524FYT1L
- Awardee
-
Okinawa Idemitsu K.K. UEI JA8GWB6NWKC5
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $31,706,557
Award facts
- Contract value 100% obligated
- $31,706,557.11 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 | $43,476,725 | |
| Other Administrative Action | -$11,770,168 |
About this award
This is a federal contract award to Okinawa Idemitsu K.K., a subsidiary of the Japanese petroleum company Idemitsu Kosan Co., Ltd. The contract, valued at $31,706,557.11, is a delivery order for the supply of automotive gasoline to the U.S. Department of Defense (DoD) locations in Japan. The contract was awarded by the Defense Logistics Agency (DLA) Energy, which manages the DoD's bulk petroleum purchasing program. The contract has an ultimate completion date of July 31, 2024 and uses a fixed-price with economic price adjustment pricing type, allowing for flexibility in response to market fluctuations. This award is not a set-aside contract, indicating it was awarded through full and open competition. Okinawa Idemitsu K.K. serves as the prime contractor on this award, with no major subcontractors listed. The contract is part of a larger single-award indefinite delivery/indefinite quantity (IDIQ) contract valued at $61,785,548.00, which Okinawa Idemitsu K.K. was awarded in November 2020 to supply bulk fuel to DoD installations in Japan.
Quick answers
Who was awarded contract SPE60524FYT1L?
SPE60524FYT1L was awarded to Okinawa Idemitsu K.K. by Energy (Defense Logistics Agency) on June 25, 2024.
How much is contract SPE60524FYT1L worth?
The government has obligated $31,706,557 on SPE60524FYT1L.
Is contract SPE60524FYT1L an order under another contract?
Yes. SPE60524FYT1L is a delivery order under SPE60521D1004, an indefinite delivery contract.
Was contract SPE60524FYT1L competed?
The extent of competition for SPE60524FYT1L was full and open competition.
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