FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

S-OIL CORPORATION - 8511740283!DISTILLATE,NAVAL

PIID: SPE60226FC11C

Signed Date: Nov 5, 2025Effective Date: Nov 5, 2025End Date: Closed on Nov 27, 2025

Award $

$23.0M

Vendor

S-OIL CORPORATION

NAICS

324110

Signed Date

Nov 5, 2025

Key Details

Dollars Obligated

$23.0M

Base & All Options

$21.9M

Awarding Agency

Department of Defense

Awarding Sub-Agency

Defense Logistics Agency

NAICS Code

324110 - PETROLEUM REFINERIES

Product Service Code

9140 - FUEL OILS

Extent Competed

FULL AND OPEN COMPETITION

Description

8511740283!DISTILLATE,NAVAL

Context & Analysis

On Nov 5, 2025, Department of Defense obligated $22,975,192.8 to S-OIL CORPORATION for 8511740283!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 27, 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 $23.0M, 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 $107.0M, in 2025.