Diesel fuel

Ended Awarded

Contract number
SPE60525FATK1
Awardee
Awarding agency
Obligated
$5,657

Award facts

Contract value 100% obligated
$5,657.23 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
324110 Petroleum Refineries
PSC
9140 Fuel Oils
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
South Korea

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for the delivery of diesel fuel to support U.S. military operations in South Korea. The contract was awarded to Hanjin Logistics Corporation, a global logistics company headquartered in South Korea, for a fixed price with economic price adjustment. The contract has a ceiling value of $5,657.23 and a completion date of December 18, 2024.

Hanjin Logistics Corporation holds two larger Indefinite Delivery Vehicles (IDVs) with the Department of the Army Pacific Command, including a $43,895,571.23 Indefinite Delivery Contract (IDC) for general cargo services focusing on bulk petroleum product transportation, and a $36,432,116.38 Blanket Purchase Agreement (BPA) for unscheduled pick-up and delivery of general cargo. These multiple-award IDVs enable the Defense Logistics Agency (DLA) Energy and the U.S. Army to rapidly issue delivery orders for crucial logistics services to support military operations in the region. The contract does not have a set-aside designation, indicating Hanjin Logistics Corporation competes in the open market.

Quick answers

Who was awarded contract SPE60525FATK1?

SPE60525FATK1 was awarded to Hanjin Logistics Corporation by Energy (Defense Logistics Agency) on December 9, 2024.

How much is contract SPE60525FATK1 worth?

The government has obligated $5,657 on SPE60525FATK1.

Is contract SPE60525FATK1 an order under another contract?

Yes. SPE60525FATK1 is a delivery order under SPE60521D1006, an indefinite delivery contract.

Was contract SPE60525FATK1 competed?

The extent of competition for SPE60525FATK1 was full and open competition.

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