Gas oil, marine
Ended Awarded
- Contract number
- SPE60824FA222
- Awardee
-
World Fuel Services (Singapore) PTE LTD UEI KKSMJ8L9EUS4 Part of World Kinect Corporation
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $1,503,850
Award facts
- Contract value 100% obligated
- $1,503,850.00 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 is a delivery order contract awarded by the Defense Logistics Agency (DLA) to World Fuel Services (Singapore) PTE LTD, a foreign-owned subsidiary of World Kinect Corporation, for the supply of marine gas oil (designated as MGO) and intermediate fuel oil (IFO) to support U.S. military operations in the Asia-Pacific region. The contract has a ceiling value of $1,503,850 and runs through December 19, 2023. It is structured as a fixed-price with economic price adjustment contract, reflecting the volatile nature of the fuel market.
This award is part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract valued at up to $15,437,500 over five years, which allows the DLA Energy to acquire approximately 135,735 metric tons of MGO and IFO across various locations in the Asia-Pacific, including Australia, China, Southeast Asia, India, Japan, South Korea, and Thailand. Under this IDIQ, World Fuel Services (Singapore) PTE LTD has received multiple delivery orders ranging from $85,000 to $1.8 million to provide fuel quantities from 85,000 gallons to over 1.5 million gallons at various ports in the region. The contract does not have a set-aside designation, indicating that it was awarded through full and open competition.
Quick answers
Who was awarded contract SPE60824FA222?
SPE60824FA222 was awarded to World Fuel Services (Singapore) PTE LTD by Energy (Defense Logistics Agency) on December 19, 2023.
How much is contract SPE60824FA222 worth?
The government has obligated $1,503,850 on SPE60824FA222.
Is contract SPE60824FA222 an order under another contract?
Yes. SPE60824FA222 is a delivery order under SPE60822D0350, an indefinite delivery contract.
Was contract SPE60824FA222 competed?
The extent of competition for SPE60824FA222 was full and open competition. The government received 9 offers.
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