Gas oil, marine
Ended Awarded
- Contract number
- SPE60824FA178
- Awardee
-
World Fuel Services (Singapore) PTE LTD UEI KKSMJ8L9EUS4 Part of World Kinect Corporation
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,003,464
Award facts
- Contract value 100% obligated
- $1,003,464.00 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, valued at $1,003,464.00, 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 delivery of marine gas oil, which is a critical fuel supply for U.S. military operations in the Asia-Pacific region, including locations such as Singapore, Japan, and Malaysia. The contract is structured as a Delivery Order with a Fixed Price with Economic Price Adjustment pricing type, reflecting the volatile nature of fuel markets.
World Fuel Services (Singapore) PTE LTD has a significant Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract with DLA Energy, valued at up to $15,437,500 over five years, to provide marine gas oil and intermediate fuel oil across the Asia-Pacific area. This IDIQ contract is crucial for enabling 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 carry any set-aside designations, indicating that World Fuel Services (Singapore) PTE LTD competed in an open market.
Quick answers
Who was awarded contract SPE60824FA178?
SPE60824FA178 was awarded to World Fuel Services (Singapore) PTE LTD by Energy (Defense Logistics Agency) on November 17, 2023.
How much is contract SPE60824FA178 worth?
The government has obligated $1,003,464 on SPE60824FA178.
Is contract SPE60824FA178 an order under another contract?
Yes. SPE60824FA178 is a delivery order under SPE60822D0350, an indefinite delivery contract.
Was contract SPE60824FA178 competed?
The extent of competition for SPE60824FA178 was full and open competition. The government received 9 offers.
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