Indefinite Delivery Contract SPE60224D0453

Award Date 11/2/23
Last Date to Order 12/31/24
Federal Agency
Energy
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Fixed Price with Economic Price Adjustment
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
Similar IDVs
The Defense Logistics Agency (DLA) Energy awarded an Indefinite Delivery Contract (IDC) valued at $23,117,139.00 to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned, for-profit organization. The contract is for the supply of aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to support U.S. military operations in the Western Pacific and Middle East regions. The IDC, which runs through December 31, 2025,...
The U.S. Defense Logistics Agency (DLA) Energy has awarded a series of fixed-price delivery order contracts to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, to provide various aviation turbine fuels such as Jet Propulsion 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76 in support of U.S. Department of Defense operations across the Western Pacific and Middle East regions. These delivery orders, valued between $1.8 million and $2.5 million...
The Defense Logistics Agency Energy awarded a single-award indefinite delivery contract to HD Hyundai Oilbank Co., LTD for the bulk supply of various aviation turbine fuels. Under the terms of the original solicitation, the contract aims to procure approximately 791 million gallons of Naval Distillate F76, Turbine Fuel JP5, and Turbine Fuel JA1 both with and without additives for delivery to locations in the Western Pacific and Middle East regions between January 1, 2021 through December 31,...
The Defense Logistics Agency Energy awarded a single award Indefinite Delivery Contract to HD Hyundai Oilbank Co., LTD to provide various petroleum-based turbine fuels. Through multiple fixed-price delivery orders with economic price adjustments valued between $1-3M each, the prime contractor supplied approximately 67-128M gallons of Jet Propulsion Fuel 5, Aviation Gasoline, and Naval Distillate from locations in South Korea to the DLA Energy between October 2021-March 2022 in support of DOD...
The Defense Logistics Agency Energy awarded a single-award, indefinite delivery contract to Hanwha Totalenergies Petrochemical Co., LTD. to supply bulk petroleum products including Naval Distillate (F76), Turbine Fuel Aviation (JP5), and Turbine Fuel Aviation (JA1), with and without additives. The contract has a potential value of $61.5 million and requires delivery of these products to locations in the Western Pacific and Middle East regions between January 2022 through December 2022. Under the...
The federal contract IDV award SPE60225D0454 is an Indefinite Delivery Contract awarded by the Defense Logistics Agency Energy (DLA Energy) to Hanwha Totalenergies Petrochemical Co., LTD., a South Korean petrochemical company. The contract, which runs through December 31, 2025, has a ceiling value of $27,617,207.52 and requires the prime contractor to provide aviation turbine fuel (Turbine Fuel, Aviation or JP5 and Turbine Fuel, Aviation or JA1) to support the Western Pacific and Middle East...
This Indefinite Delivery Contract (IDC) was awarded by the Defense Logistics Agency Energy (DLA Energy) to GS Caltex Corporation, a South Korean energy and chemical company, to provide aviation turbine fuel (JA1 and JP5) to support U.S. military operations in the Western Pacific region. The single-award IDC has a ceiling value of $172,463,587.66 and a period of performance through December 31, 2025. The original solicitation was part of DLA Energy's annual WESTPAC Purchase Program, which...
The federal contract IDV award SPE60225D0459 is a single-award Indefinite Delivery Contract valued at $754,071,428.54 and awarded by the Defense Logistics Agency Energy (DLA Energy) to S-Oil Corporation, a major South Korean oil refiner. The contract covers the delivery of turbine fuel aviation (JP5 and JA1) and distillate naval fuel (F76) to support U.S. military operations in the Western Pacific and Middle East regions. The contract period of performance is from January 1, 2025, through...
The Defense Logistics Agency Energy (DLA Energy), a component of the U.S. Department of Defense (DoD), has awarded an Indefinite Delivery Contract (IDC) to SK Energy Co., LTD., a South Korean energy company, to provide turbine fuel, aviation fuel, and diesel fuel to support U.S. military operations in South Korea and the Western Pacific region. The IDC has a total ceiling value of approximately $93.8 million and a period of performance through December 31, 2024. Under this IDC, DLA Energy has...
The Defense Logistics Agency Energy (DLA Energy) awarded an Indefinite Delivery Contract (IDC) valued at $342,157,440.03 to SK Energy Co., LTD., a South Korean energy company, for the supply of turbine fuel, aviation fuel, and diesel fuel to U.S. military installations in the Western Pacific region and South Korea. The contract has an ultimate completion date of December 31, 2025. Under this IDC, DLA Energy has issued multiple delivery orders to SK Energy Co., LTD. for the provision of these...
  • SPE60224D0453
    Indefinite Delivery Contract
  • 17
    Federal Contract Awards

The U.S. Defense Logistics Agency (DLA) Energy awarded a $25,117,187.45 Indefinite Delivery Contract (IDC) to HD Hyundai Oilbank Co., LTD, a South Korean-based foreign-owned for-profit organization, to provide various aviation turbine fuels, including Jet Propulsion Fuel types 5 and 8 (JP5, JP8), Aviation Gasoline, and Naval Distillate F76, to support U.S. Department of Defense operations in the Western Pacific and Middle East regions. The contract, which has an ultimate completion date of December 31, 2024, is structured as a single-award IDC that allows DLA Energy to issue multiple fixed-price delivery orders. Under this IDC, HD Hyundai Oilbank has received several delivery order contracts valued between $788,000 and $2.1 million for the supply of approximately 600-800 million gallons of these critical petroleum products. The contract does not have any set-aside designations, indicating HD Hyundai Oilbank's competitive position in the market for providing fuel to the U.S. military.

The IDC is part of DLA Energy's broader WESTPAC Purchase Program, which covers the annual bulk petroleum requirements for the Western Pacific and Middle East regions. The program includes the procurement of Naval Distillate (F76), Jet Propulsion Fuel type 5 (JP5), and Jet Aviation Fuel type 1 (JA1), with a total estimated quantity of over 600 million gallons to be delivered between January 1, 2024, and December 31, 2024, plus a 30-day carry-over period. HD Hyundai Oilbank's consistent selection for these high-value, single-award IDCs highlights its strategic importance as a reliable and competitive energy supplier to the U.S. Department of Defense in the Asia-Pacific and Middle East regions.

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