Indefinite Delivery Contract SPE60521D1004

Award Date 11/2/20
Last Date to Order 12/31/24
Federal Agency
Energy
Ultimate Awardee
Idemitsu Kosan Co.,Ltd.
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
  • SPE60521D1004
    Indefinite Delivery Contract
  • 859
    Federal Contract Awards

The U.S. Defense Logistics Agency (DLA) Energy awarded a single-award indefinite delivery/indefinite quantity (IDIQ) contract valued at $61,785,548.00 to Okinawa Idemitsu K.K., a subsidiary of the Japanese petroleum company Idemitsu Kosan Co., Ltd. The contract is for the supply of automotive gasoline to support U.S. Department of Defense (DoD) operations in Japan. Under this IDIQ, DLA Energy issues firm-fixed-price and fixed-price with economic price adjustment delivery order task orders to fulfill specific bulk fuel requirements across various U.S. military locations in Japan. The IDIQ contract was awarded in November 2020 with a performance period through July 2024, demonstrating the strategic importance of Okinawa Idemitsu K.K. in supporting U.S. military logistics and operations in the region. The contract is not designated as a set-aside and was awarded through full and open competition. The funding agency is consistently the DLA Energy, which manages the DoD's worldwide bulk petroleum purchasing program.

The task orders issued under the IDIQ contract range in value from a few hundred thousand dollars to over $50 million, with some reaching as high as $767 million. These delivery order contracts are typically structured as fixed-price with economic price adjustment arrangements, allowing for flexibility in response to market fluctuations. Okinawa Idemitsu K.K. serves as the prime contractor on these awards, with no major subcontractors listed. The place of performance is consistently Japan, supporting U.S. military installations across the country.

Generated 9/7/24, 10:01 AM