Gas oil, marine

Ended Awarded

Contract number
SPE60823FA00P
Awardee
Awarding agency
Obligated
$2,345,854

Award facts

Contract value 100% obligated
$2,345,853.75 Current and potential, with all options
Completion date
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 · 9 offers Multiple Award, Fair Opportunity
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Singapore

Award details come from SAM.gov/FPDS.

About this award

This federal contract award, SPE60822D0350|SPE60823FA00P, was issued by the Defense Logistics Agency (DLA) Energy to World Fuel Services (Singapore) PTE LTD, a foreign-owned subsidiary of World Kinect Corporation. The contract is for the supply of 4,562,319,378 gallons of marine gas oil to support U.S. military operations in the Asia-Pacific region, including locations such as Singapore, Japan, and Malaysia. The contract has a ceiling value of $2,345,853.75 and runs from September 15, 2023, to September 15, 2023. It is structured as a firm-fixed-price delivery order contract with economic price adjustment, reflecting the volatile nature of fuel markets. This award is not subject to any set-aside designation, indicating World Fuel Services (Singapore) PTE LTD competed in an open market. The contract is part of a larger $15,437,500 indefinite-delivery/indefinite-quantity (IDIQ) contract held by World Fuel Services (Singapore) PTE LTD, which allows the DLA Energy to acquire marine gas oil and intermediate fuel oil across the Asia-Pacific region to support U.S. military operations.

Quick answers

Who was awarded contract SPE60823FA00P?

SPE60823FA00P was awarded to World Fuel Services (Singapore) PTE LTD by Energy (Defense Logistics Agency) on September 15, 2023.

How much is contract SPE60823FA00P worth?

The government has obligated $2,345,854 on SPE60823FA00P.

Is contract SPE60823FA00P an order under another contract?

Yes. SPE60823FA00P is a delivery order under SPE60822D0350, an indefinite delivery contract.

Was contract SPE60823FA00P competed?

The extent of competition for SPE60823FA00P was full and open competition. The government received 9 offers.

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