Gasoline, automotive
Ended Awarded
- Contract number
- SPE60524FZN7Y
- Awardee
-
Okinawa Idemitsu K.K. UEI JA8GWB6NWKC5
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $36,403,971
Award facts
- Contract value 100% obligated
- $36,403,970.52 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 | $37,309,937 | |
| Other Administrative Action | -$905,966 |
About this award
This federal contract award to Okinawa Idemitsu K.K., a subsidiary of Idemitsu Kosan Co., Ltd., a major Japanese petroleum company, is for the delivery of automotive gasoline to support U.S. Department of Defense (DoD) operations in Japan. The contract, awarded by the Defense Logistics Agency (DLA) Energy, has a ceiling value of $36,403,970.52 and a period of performance through October 31, 2024. This is a delivery order contract, with a fixed-price with economic price adjustment pricing structure, allowing for flexibility in response to market fluctuations. Okinawa Idemitsu K.K. also holds a $61,785,548.00 single-award indefinite delivery/indefinite quantity (IDIQ) contract with DLA Energy, which serves as the primary vehicle for the company's fuel supply operations to DoD installations in Japan. The contracts are not designated as set-asides and are awarded through full and open competition, indicating Okinawa Idemitsu K.K.'s competitive position in the market.
Quick answers
Who was awarded contract SPE60524FZN7Y?
SPE60524FZN7Y was awarded to Okinawa Idemitsu K.K. by Energy (Defense Logistics Agency) on August 31, 2024.
How much is contract SPE60524FZN7Y worth?
The government has obligated $36,403,971 on SPE60524FZN7Y.
Is contract SPE60524FZN7Y an order under another contract?
Yes. SPE60524FZN7Y is a delivery order under SPE60521D1004, an indefinite delivery contract.
Was contract SPE60524FZN7Y competed?
The extent of competition for SPE60524FZN7Y was full and open competition.
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