Gas oil, marine
Ended Awarded
- Contract number
- SPE60823FA574
- Awardee
-
World Fuel Services (Singapore) PTE LTD UEI KKSMJ8L9EUS4 Part of World Kinect Corporation
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $652,360
Award facts
- Contract value 100% obligated
- $652,360.00 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 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, valued at $652,360.00, is for the delivery of marine gas oil (designated as 4560767173 ! GAS OIL,MARINE) to support U.S. military operations in the Asia-Pacific region, primarily in Singapore.
The contract is structured as a delivery order with a fixed price and economic price adjustment, reflecting the volatile nature of fuel markets. It does not carry any set-aside designation, indicating that World Fuel Services (Singapore) PTE LTD competed for the award in an open market.
Additionally, World Fuel Services (Singapore) PTE LTD holds a larger indefinite-delivery/indefinite-quantity (IDIQ) contract with DLA Energy, valued at up to $15,437,500 over five years, for the supply of marine gas oil and intermediate fuel oil across various Asia-Pacific locations. This IDIQ contract underscores the company's critical role in maintaining the fuel supply chain for U.S. defense operations in the region.
Quick answers
Who was awarded contract SPE60823FA574?
SPE60823FA574 was awarded to World Fuel Services (Singapore) PTE LTD by Energy (Defense Logistics Agency) on April 20, 2023.
How much is contract SPE60823FA574 worth?
The government has obligated $652,360 on SPE60823FA574.
Is contract SPE60823FA574 an order under another contract?
Yes. SPE60823FA574 is a delivery order under SPE60822D0350, an indefinite delivery contract.
Was contract SPE60823FA574 competed?
The extent of competition for SPE60823FA574 was full and open competition. The government received 9 offers.
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