DoD's $26.4M JP-8 Aviation Fuel Contract with Sinclair Oil Corporation Awarded Under Full and Open Competition

Contract Overview

Contract Amount: $26,409,372 ($26.4M)

Contractor: Sinclair OIL Corporation

Awarding Agency: Department of Defense

Start Date: 2011-09-30

End Date: 2012-06-29

Contract Duration: 273 days

Daily Burn Rate: $96.7K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 14

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

Sector: Energy

Official Description: AVIATION FUEL, TURBINE, GRADE JP-8

Place of Performance

Location: SINCLAIR, CARBON County, WYOMING, 82334

State: Wyoming Government Spending

Plain-Language Summary

Department of Defense obligated $26.4 million to SINCLAIR OIL CORPORATION for work described as: AVIATION FUEL, TURBINE, GRADE JP-8 Key points: 1. Contract awarded to Sinclair Oil Corporation for $26.4M for JP-8 aviation fuel. 2. Full and open competition was utilized, suggesting a competitive bidding process. 3. The contract duration was 273 days, indicating a short-term supply need. 4. The award was made by the Defense Logistics Agency, a key procurement arm for the DoD. 5. The fixed-price with economic price adjustment contract type aims to mitigate fuel price volatility.

Value Assessment

Rating: good

The contract value of $26.4M for aviation fuel appears reasonable given the quantity and market for such commodities. Benchmarking against similar DoD fuel contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The use of full and open competition is a positive indicator for price discovery, as it allows multiple vendors to bid. This method generally leads to more competitive pricing compared to sole-source or limited solicitations.

Taxpayer Impact: The competitive nature of the award suggests taxpayers likely received a fair price for the aviation fuel procured.

Public Impact

Ensures critical aviation fuel supply for Department of Defense operations. Supports military readiness by providing necessary fuel for aircraft. Impacts the aviation fuel market, potentially influencing regional supply and demand. The economic price adjustment clause protects both the government and the contractor from significant price fluctuations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The procurement of aviation fuel falls under the broader energy and logistics sector. Spending benchmarks for turbine fuel can vary significantly based on geopolitical events, crude oil prices, and refinery capacity.

Small Business Impact

This contract does not appear to directly benefit small businesses, as it was awarded to Sinclair Oil Corporation, a large entity. There is no indication of subcontracting opportunities for small businesses within the provided data.

Oversight & Accountability

The Defense Logistics Agency is responsible for overseeing fuel procurements for the DoD. Standard oversight procedures for contract performance and delivery would apply to ensure accountability.

Related Government Programs

Risk Flags

Tags

petroleum-refineries, department-of-defense, wy, do, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $26.4 million to SINCLAIR OIL CORPORATION. AVIATION FUEL, TURBINE, GRADE JP-8

Who is the contractor on this award?

The obligated recipient is SINCLAIR OIL CORPORATION.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Logistics Agency).

What is the total obligated amount?

The obligated amount is $26.4 million.

What is the period of performance?

Start: 2011-09-30. End: 2012-06-29.

What was the specific economic price adjustment formula used, and what were the actual price changes experienced during the contract period?

The specific economic price adjustment formula is not detailed in the provided data. This formula typically links the contract price to a benchmark commodity price index (e.g., for crude oil or refined products) with agreed-upon adjustments. Understanding this formula is crucial for assessing the true cost to the government, especially if fuel prices experienced significant volatility during the contract's term.

How did the awarded price compare to market benchmarks for JP-8 fuel during the contract period?

Without access to historical market data for JP-8 fuel during the 2011-2012 period and specific contract line item details, a direct comparison is difficult. However, the use of full and open competition suggests the government sought competitive pricing. Further analysis would require comparing the awarded price per gallon against published indices or other government contract awards for similar fuel types and delivery locations.

What was the strategic importance of this specific JP-8 fuel procurement for the Department of Defense?

JP-8 is a critical fuel for a wide range of military aircraft and ground equipment, particularly in tactical environments. This procurement likely supported specific operational deployments, training exercises, or strategic reserve requirements. Ensuring a stable and cost-effective supply of JP-8 is essential for maintaining aviation readiness and supporting global military operations.

Industry Classification

NAICS: ManufacturingPetroleum and Coal Products ManufacturingPetroleum Refineries

Product/Service Code: FUELS, LUBRICANTS, OILS, WAXES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: SP060011R0708

Offers Received: 14

Pricing Type: FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT (K)

Evaluated Preference: NONE

Contractor Details

Address: 550 E SOUTH TEMPLE, SALT LAKE CITY, UT, 90

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $26,409,372

Exercised Options: $26,409,372

Current Obligation: $26,409,372

Contract Characteristics

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: SP060011D0523

IDV Type: IDC

Timeline

Start Date: 2011-09-30

Current End Date: 2012-06-29

Potential End Date: 2012-06-29 00:00:00

Last Modified: 2012-05-02

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