4610117066!
Ended Indefinite Delivery Contract Awarded
- Contract number
- SPE60225D0454
- Awardee
-
Hanwha Totalenergies Petrochemical Co., LTD. UEI LPLLFZUNTTJ7
- Awarding agency
-
Energy
Defense Logistics Agency, Department of Defense
- Task orders
- 1 $17,505,006 obligated
Award facts
- Opportunity
-
- Western Pacific Bulk Fuels Purchase Program (WESTPAC ) Pre-Solicitation · SPE60224R0708 · Posted Apr 18, 2024
- Combined order value
- $17,708,760 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 63% used
- $27,617,207.52
- Award type
- Single award
- Who can order
- Only the awarding agency
- NAICS code
- 324110 Petroleum Refineries
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 14 offers Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
Award details come from SAM.gov/FPDS.
About this IDV
The Defense Logistics Agency Energy awarded a single-award indefinite delivery contract valued at $27.6 million to Hanwha Totalenergies Petrochemical Co., LTD., a South Korean petrochemical company, with an ultimate completion date of December 31, 2025. This contract supports the Western Pacific (WESTPAC) Purchase Program, which procures bulk petroleum products for Department of Defense operations in the Western Pacific and Middle East regions. The contract utilizes no set-aside designation and requires the contractor to supply aviation turbine fuel and related petroleum products from its location in South Korea. Hanwha Totalenergies has demonstrated substantial experience as a prime contractor to Defense Logistics Agency Energy, with previous delivery order values ranging from $24.5 million to $30.6 million, establishing the company as a key strategic supplier for Department of Defense fuel logistics.
The underlying solicitation, posted on April 18, 2024, with a due date of May 1, 2024, outlined annual procurement requirements for Naval Distillate (F76), Turbine Fuel Aviation (JP5), and Turbine Fuel Aviation (JA1) with and without additives for the period January 1, 2025, through December 31, 2025, with a 30-day carry-over period. Estimated annual requirements totaled approximately 574.9 million gallons across all fuel types. Under this indefinite delivery vehicle, Hanwha Totalenergies received a $17.7 million fixed-price delivery order with economic price adjustment, awarded on January 15, 2026, for aviation turbine fuel delivery with a completion date of January 22, 2026. The economic price adjustment mechanism embedded in the contract structure provides pricing flexibility in response to market volatility while maintaining fixed-price certainty for defense budget planning purposes.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Liquid propellants and fuels | Energy (DLA) | $17,505,006 |
Quick answers
Who was awarded contract SPE60225D0454?
SPE60225D0454 was awarded to Hanwha Totalenergies Petrochemical Co., LTD. by Energy (Defense Logistics Agency) on December 12, 2024.
How much is contract SPE60225D0454 worth?
Orders under SPE60225D0454 have obligated $17,505,006. Their combined current value, with exercised options, is $17,708,760. SPE60225D0454's own ceiling is $27,617,208.
How many orders have been placed under contract SPE60225D0454?
1 order has been placed under SPE60225D0454, the latest on January 15, 2026.
Who can order from contract SPE60225D0454?
SPE60225D0454 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract SPE60225D0454 competed?
The extent of competition for SPE60225D0454 was full and open competition. The government received 14 offers.
On GovTribe
See this IDV's full record
- Every order and transaction
- The awardee's other awards and teaming partners
- Similar IDVs and recompete opportunities
- Ask GovTribe AI about this IDV