Gas oil, marine
Ended Awarded
- Contract number
- SPE60824FA855
- Awardee
-
World Fuel Services (Singapore) PTE LTD UEI KKSMJ8L9EUS4
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Obligated
- $861,875
Award facts
- Contract value 100% obligated
- $861,875.00 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 $861,875.00, was issued by the Defense Logistics Agency (DLA) 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 and intermediate fuel oil to support U.S. military operations in the Asia-Pacific region, including locations such as Singapore, Japan, Malaysia, and others.
The contract is structured as a delivery order with a fixed-price with economic price adjustment pricing type, allowing for adjustments to account for fuel market volatility. This award is not associated with a set-aside designation, indicating it was competed on the open market. World Fuel Services (Singapore) PTE LTD also holds a larger $15,437,500 indefinite-delivery/indefinite-quantity (IDIQ) contract with DLA Energy, further demonstrating the company's critical role in maintaining the fuel supply chain for U.S. defense operations in the Asia-Pacific theater.
Quick answers
Who was awarded contract SPE60824FA855?
SPE60824FA855 was awarded to World Fuel Services (Singapore) PTE LTD by Energy (Defense Logistics Agency) on August 25, 2024.
How much is contract SPE60824FA855 worth?
The government has obligated $861,875 on SPE60824FA855.
Is contract SPE60824FA855 an order under another contract?
Yes. SPE60824FA855 is a delivery order under SPE60822D0350, an indefinite delivery contract.
Was contract SPE60824FA855 competed?
The extent of competition for SPE60824FA855 was full and open competition. The government received 9 offers.
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