Gasoline, automotive
Ended Awarded
- Contract number
- SPE60524FZV7C
- Awardee
-
Okinawa Idemitsu K.K. UEI JA8GWB6NWKC5
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $5,587,857
Award facts
- Contract value 100% obligated
- $5,587,856.74 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 |
|---|---|---|
| Other Administrative Action | $798,265 | |
| Original award | $4,789,591 |
About this award
This federal contract award to Okinawa Idemitsu K.K., a subsidiary of the Japanese petroleum company Idemitsu Kosan Co., Ltd., is for the supply of automotive gasoline to support U.S. Department of Defense (DoD) operations in Japan. The contract, valued at $5,587,856.74, is a delivery order awarded under a larger single-award indefinite delivery/indefinite quantity (IDIQ) contract with the Defense Logistics Agency (DLA) Energy, worth $61,785,548.00. This IDIQ contract, awarded in November 2020, serves as the primary vehicle for Okinawa Idemitsu K.K. to fulfill bulk fuel requirements across various U.S. military locations in Japan. The contract has a fixed-price with economic price adjustment pricing structure, which allows for flexibility in response to market fluctuations. This award is not designated as a set-aside and was awarded through full and open competition, indicating Okinawa Idemitsu K.K.'s competitive position in the market for providing automotive gasoline to the DoD in Japan.
Quick answers
Who was awarded contract SPE60524FZV7C?
SPE60524FZV7C was awarded to Okinawa Idemitsu K.K. by Energy (Defense Logistics Agency) on September 26, 2024.
How much is contract SPE60524FZV7C worth?
The government has obligated $5,587,857 on SPE60524FZV7C.
Is contract SPE60524FZV7C an order under another contract?
Yes. SPE60524FZV7C is a delivery order under SPE60521D1004, an indefinite delivery contract.
Was contract SPE60524FZV7C competed?
The extent of competition for SPE60524FZV7C was full and open competition.
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