Gasoline, automotive
Ended Awarded
- Contract number
- SPE60524FZK9V
- Awardee
-
Okinawa Idemitsu K.K. UEI JA8GWB6NWKC5
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,006,955
Award facts
- Contract value 100% obligated
- $1,006,955.41 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.
About this award
This federal contract award, SPE60521D1004|SPE60524FZK9V, was issued by the Defense Logistics Agency (DLA) Energy to Okinawa Idemitsu K.K., a subsidiary of the Japanese petroleum company Idemitsu Kosan Co., Ltd. The contract is for the delivery of 8510841710 - Automotive Gasoline, with a ceiling value of $1,006,955.41 and a period of performance through August 31, 2024.
The contract is a delivery order issued under Okinawa Idemitsu K.K.'s existing single-award indefinite delivery/indefinite quantity (IDIQ) contract with DLA Energy, valued at $61,785,548.00. This IDIQ contract serves as the primary vehicle for the company to supply bulk automotive gasoline to support U.S. Department of Defense (DoD) operations in Japan. The contract is structured as fixed-price with economic price adjustment, allowing for flexibility in response to market fluctuations.
This contract award does not have a set-aside designation, indicating it was awarded through full and open competition. Okinawa Idemitsu K.K. plays a crucial role in meeting the fuel requirements of various U.S. military installations across Japan, underscoring the strategic importance of this contract in supporting DoD logistics and operations in the region.
Quick answers
Who was awarded contract SPE60524FZK9V?
SPE60524FZK9V was awarded to Okinawa Idemitsu K.K. by Energy (Defense Logistics Agency) on August 21, 2024.
How much is contract SPE60524FZK9V worth?
The government has obligated $1,006,955 on SPE60524FZK9V.
Is contract SPE60524FZK9V an order under another contract?
Yes. SPE60524FZK9V is a delivery order under SPE60521D1004, an indefinite delivery contract.
Was contract SPE60524FZK9V competed?
The extent of competition for SPE60524FZK9V was full and open competition.
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