Papco, Inc., a subsidiary of World Fuel Corporation, has been awarded an indefinite-delivery contract by the Defense Logistics Agency Energy to provide marine gas oil. The contract has a potential value of $1,754,340 and a period of performance through September 2024.
Under the contract, Papco has received multiple delivery orders to supply marine gas oil to the Defense Logistics Agency Energy's facility in Virginia Beach, Virginia. The orders have fixed prices with economic price adjustments and involve quantities ranging from approximately 26,000 gallons to over 455,000 gallons. No set-aside provisions were applied to the award or subsequent orders placed against it.
The Defense Logistics Agency Energy supports fuel procurement for the Department of Defense and manages energy programs to ensure availability of petroleum-based and alternative energy sources globally for military operations. This indefinite-delivery contract and associated delivery orders facilitate the agency's mission by providing a means for Papco to deliver marine gas oil on an as-needed basis to meet customer requirements.
Generated 1/5/24, 12:58 AM