FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT
S-OIL CORPORATION - 8511725781!DISTILLATE,NAVAL
PIID: SPE60226FC08K
Signed Date: Oct 28, 2025Effective Date: Oct 28, 2025End Date: Closed on Nov 20, 2025
Award $
$17.9M
Vendor
S-OIL CORPORATION
NAICS
324110
Signed Date
Oct 28, 2025
Key Details
Description
8511725781!DISTILLATE,NAVAL
Context & Analysis
On Oct 28, 2025, Department of Defense obligated $17,877,593.16 to S-OIL CORPORATION for 8511725781!distillate,naval. 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 20, 2025 (11 months ago). Recompete signal as of Oct 21, 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 $17.9M, 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 $94.2M, in 2025.
Computed from USAspending award data on Oct 21, 2026.
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