Gas oil, marine
Ended Awarded
- Contract number
- SPE60823FA227
- Awardee
-
World Fuel Services (Singapore) PTE LTD UEI KKSMJ8L9EUS4 Part of World Kinect Corporation
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $230,626
Award facts
- Contract value 100% obligated
- $230,625.50 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 is a delivery order contract awarded to World Fuel Services (Singapore) PTE LTD, a foreign-owned subsidiary of World Kinect Corporation, by the Defense Logistics Agency (DLA) Energy. The contract is for the supply of 4,559,440 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 award has a ceiling value of $230,625.50 and is structured as a fixed-price contract with economic price adjustments to account for fuel market volatility.
World Fuel Services (Singapore) PTE LTD also holds a larger indefinite-delivery/indefinite-quantity (IDIQ) contract with DLA Energy, valued at up to $15,437,500 over five years, for the acquisition of approximately 135,735 metric tons of marine gas oil and intermediate fuel oil across the Asia-Pacific theater. This IDIQ contract allows DLA Energy to flexibly meet the fuel requirements of U.S. military operations in the region through fixed-price task orders with economic price adjustments. The contract does not have any set-aside designation, indicating that World Fuel Services (Singapore) PTE LTD competed in an open market.
Quick answers
Who was awarded contract SPE60823FA227?
SPE60823FA227 was awarded to World Fuel Services (Singapore) PTE LTD by Energy (Defense Logistics Agency) on December 19, 2022.
How much is contract SPE60823FA227 worth?
The government has obligated $230,626 on SPE60823FA227.
Is contract SPE60823FA227 an order under another contract?
Yes. SPE60823FA227 is a delivery order under SPE60822D0350, an indefinite delivery contract.
Was contract SPE60823FA227 competed?
The extent of competition for SPE60823FA227 was full and open competition. The government received 9 offers.
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