Indefinite Delivery Contract SPE60224D0457

Award Date 10/31/23
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 Energy (DLA Energy), a defense agency, awarded this indefinite delivery contract to S-Oil Corporation, a major South Korean oil refiner, to provide a variety of petroleum-based products including turbine fuel aviation (JP5 and JA1), distillate naval fuel (F76), and other additives. The contract has a ceiling value of $681,625,727.98 and a period of performance from January 1, 2023 through December 31, 2023, with a 30-day carryover. Under this IDV, S-Oil Corporation...
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...
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The Defense Logistics Agency Energy awarded a single award indefinite delivery contract to S-Oil Corporation to supply bulk petroleum products for delivery to locations in the Western Pacific and Middle East regions. The contract has a potential value of $171.9 million and a period of performance from January 1, 2022 through December 31, 2022. Under the contract, S-Oil Corporation has been issued ten fixed price delivery orders with economic price adjustments totaling approximately $371.3...
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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...
  • SPE60224D0457
    Indefinite Delivery Contract
  • 29
    Federal Contract Awards

This indefinite delivery contract (IDC) was awarded by the Defense Logistics Agency Energy (DLA Energy), a component of the U.S. Department of Defense (DoD), to S-Oil Corporation, a major South Korean oil refiner. The contract has a ceiling value of $869,954,800.24 and runs through December 31, 2024.

The primary purpose of this IDC is to procure various petroleum-based fuels to support U.S. military operations in the Western Pacific and Middle East regions. The specific products being delivered include turbine fuel aviation (JP5 and JA1), distillate naval fuel (F76), and other fuel types. S-Oil Corporation, through its Fuel Product Overseas Marketing Team Division, is providing these mission-critical fuel supplies as the prime contractor under multiple delivery orders, valued at over $1.5 billion cumulatively. There are no set-aside designations associated with this IDC or its related task orders, and S-Oil does not appear to have any major subcontractors. The contract supports the DoD's global energy requirements and ensures the readiness of U.S. military forces stationed in South Korea and the broader Asia-Pacific area.

Generated 12/24/24, 9:17 AM