GovChime
IDVOther than small business

IDC (single-award IDV) SPE60225D0458SK ENERGY CO., LTD.

Overview

Award facts

Obligated on orders under this IDV
$232.51M
$232,512,413 across 21 orders
Period of performance
From Dec 12, 2024
Modifications
2
Latest action May 16, 2025
Contract type
IDC (single-award IDV)
PIID SPE60225D0458

Description of requirement

4610117065!TURBINE FUEL,AVIATION

Dates and value

Award date
Signed on Dec 12, 2024
Ordering period ends
Dec 31, 2025
Ceiling
Ceiling (single-award vehicle): $342,157,440

The Department of Defense funded and awarded this contract. DoD contract actions are withheld at the source for about 90 days after signature, so actions signed after Aug 2, 2026 are not yet public.

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded May 16, 2025. View on USAspending · Recipient on SAM.gov

Recipient

NameSK ENERGY CO., LTD.
LocationSEOUL, KOR
UEITKC7QS2MF144
CAGE code2Z49F
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeCorporate tax exempt
Parent companySK ENERGY CO., LTD.

Business types and certifications

For-profit organizationTax-exempt corporationManufacturer of goods

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of Defense
  2. Defense Logistics Agency
  3. DLA ENERGY
Funded by
  1. Department of Defense
  2. Defense Logistics Agency
  3. DLA ENERGY

Classification and competition

Classification

NAICS
324110PETROLEUM REFINERIES
Product or service (PSC)
9130LIQUID PROPELLANTS AND FUELS, PETROLEUM BASE (product)

Competition

Extent competed
Full and open competitionA
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
No set-aside used
Contract pricing
Fixed price with economic price adjustmentK
Offers received
16

Solicitation and notices

Solicitation ID
SPE60224R0708(as reported)
Solicitation date
May 20, 2024

Contract details

Subcontracting plan
Plan not requiredB
Major program
Westpac
Cost Accounting Standards clause
Not applicable exempt from CASX
Certified cost or pricing data
No
Commercial procedures
Commercial products/servicesA
Government-furnished property
Transaction does not use GFE/GFPN
Bundled requirement
Not bundledH
Consolidated requirement
Not consolidatedD
Undefinitized action (terms not final)
No
Multi-year contract
No

Transaction history

Modification history

Base award
Dec 12, 2024
Latest action
May 16, 2025 — Other administrative actionModification P00002; administrative: no change in scope or value
Latest substantive action
Mar 31, 2025 — Supplemental agreement (within scope)Modification P00001
Actions by type
  • Base award1
  • Supplemental agreement (within scope)1
  • Other administrative action1
3 actions recorded, Dec 12, 2024 to May 16, 2025; each action counted once.

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Competition

Evaluation preference
No preference used
Local area set-aside
No
Synopsized publicly (SAM.gov / FedBizOpps)
Yes
Simplified procedures for commercial items
No

Socio-economic and policy

Recovered materials and sustainability
No clauses included and no sustainability includedC
Clinger-Cohen Act planning (IT)
No

Place and origin

Domestic or foreign entity
Foreign-owned business not incorporated in the U.S.D

Structure

Award or IDV
IDV
IDV type
IDCB
Indefinite-delivery contract type
Indefinite delivery / indefinite quantityB
Multiple or single award
Single awardS
Awarding agency code
9700
Awarding sub-tier code
97AS
Contracting office code
SPE602
Transactions recorded under this award key
3

Funding

Funding agency code
9700
Funding sub-tier code
97AS
Funding office code
SPE602