FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

S-OIL CORPORATION - 8511694281!TURBINE FUEL,AVIATION

PIID: SPE60226FC01P
Signed Date: Oct 9, 2025Effective Date: Oct 9, 2025End Date: Closed on Nov 16, 2025
Award $
$22.5M
Vendor
S-OIL CORPORATION
NAICS
324110
Signed Date
Oct 9, 2025

Key Details

Dollars Obligated
$22.5M
Base & All Options
$945,604.8
Awarding Agency
Department of Defense
Awarding Sub-Agency
Defense Logistics Agency
Product Service Code
9130 - LIQUID PROPELLANTS AND FUELS, PETROLEUM BASE
Extent Competed
FULL AND OPEN COMPETITION

Description

8511694281!TURBINE FUEL,AVIATION

Context & Analysis

On Oct 9, 2025, Department of Defense obligated $22,539,363.84 to S-OIL CORPORATION for 8511694281!turbine fuel,aviation. The award is classified under NAICS 324110 — PETROLEUM REFINERIES and issued as a fixed price with economic price adjustment contract. Competition extent: full and open competition.

Market context

Recompete outlook
Ended Nov 16, 2025 (11 months ago). Recompete signal as of Oct 20, 2026: 48/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed. 100% of 1000 awards in this market (Department of Defense awards in NAICS 324110 over the last 3 years) were competed; median 2 offers.
Award size
At $22.5M, this award is larger than 19 in 20 of the 39321 priced Department of Defense awards in NAICS 324110 over the last 3 years (median $1K).
Incumbent at this agency
S-OIL CORPORATION has 7 other awards from Department of Defense, totalling $107.4M, in 2025.

Computed from USAspending award data on Oct 20, 2026.

Contractor Information

Contractor: S-OIL CORPORATION
UEI: ZGCENJD7ZG18
CAGE Code: 0181F
Location: SEOUL

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