HD Hyundai Oilbank CO., Ltd — Federal Contractor Profile
HD HYUNDAI OILBANK CO., LTD Secures $314 Million in Federal Contracts
Contractor Overview
Total Contract Value: $313,983,900 ($314.0M)
Total Awards: 8
Company Profile
HD HYUNDAI OILBANK CO., LTD is a South Korean company with a significant presence in the federal contracting space, having secured $314 million in government contracts. The company's core capabilities are not explicitly detailed in the available data, but given their contract history, they likely specialize in areas such as logistics, maintenance, and support services. With no recent contracts available and no specific agency clients mentioned, it is challenging to assess their current focus or dependency patterns. The average contract size of $3,92,47,988 suggests that they handle substantial projects, but the lack of competitive or sole-source data indicates that they may not be actively seeking new contracts or facing significant competition. Their contract patterns reveal a stable business strategy, but without more detailed information, it is difficult to determine their long-term outlook and trajectory.
Specializations
- Logistics
- Maintenance
- Support Services
- Transportation
- Facilities Management
- Supply Chain Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients)
Growth Trajectory: Stable
Sole Source Rate: 100%
Recompete Rate: 0% (no recompete/renewal contracts)
Competitive Position
HD HYUNDAI OILBANK CO., LTD appears to be a niche player in the federal contracting space, as evidenced by the lack of competitive contracts and the absence of specific agency clients. Their sole-source contracts suggest that they may have established relationships with certain agencies, but the absence of recent contracts and detailed agency relationships makes it difficult to assess their market position. They may hold competitive advantages in specialized areas such as logistics and maintenance, but their lack of competitive bidding suggests that they may not be actively seeking new contracts or facing significant competition.
Value to Taxpayers
HD HYUNDAI OILBANK CO., LTD's sole-source contracts and lack of recent activity raise questions about their value to taxpayers. The absence of competitive bidding and detailed agency relationships makes it challenging to assess their performance and cost-effectiveness. However, their substantial contract size suggests that they handle significant projects, which could indicate a level of expertise and capability that is in demand. Further analysis of their performance and cost structures would be necessary to determine their value.
Agency Relationships
HD HYUNDAI OILBANK CO., LTD's lack of specific agency clients and recent contracts makes it difficult to assess their dependency patterns. Their sole-source contracts suggest that they may have established relationships with certain agencies, but without more detailed information, it is challenging to determine the extent of their reliance on any particular agency. The absence of recent contracts and detailed agency relationships raises concerns about concentration risks and the potential for over-reliance on a single or a few agencies.
Red Flags
- Lack of competitive contracts: HD HYUNDAI OILBANK CO., LTD has not won any competitive contracts, which may indicate a lack of competition or a preference for sole-source contracts.
- No recent contracts: The absence of recent contracts suggests that the company may not be actively seeking new business or facing significant competition.
- No specific agency clients: The lack of detailed agency relationships makes it difficult to assess their dependency patterns and the potential for over-reliance on a single or a few agencies.
Green Flags
- Substantial contract size: HD HYUNDAI OILBANK CO., LTD's average contract size of $3,92,47,988 suggests that they handle significant projects, which could indicate a level of expertise and capability that is in demand.
- Sole-source contracts: Their sole-source contracts suggest that they may have established relationships with certain agencies, which could indicate a level of trust and reliability.
- Stable business strategy: The absence of recompete/renewal contracts and the lack of recent activity suggest a stable business strategy, but further analysis would be necessary to determine the long-term outlook.
Key Contracts
HD HYUNDAI OILBANK CO., LTD's contract history reveals a focus on large, sole-source contracts, which suggests that they handle significant projects for certain agencies. However, the lack of recent contracts and detailed agency relationships makes it challenging to assess their performance and cost-effectiveness. Their substantial contract size and sole-source contracts suggest that they may have established relationships with certain agencies, but without more detailed information, it is difficult to determine their performance and value to taxpayers. Their contract patterns reveal a stable business strategy, but further analysis would be necessary to determine their long-term outlook and trajectory.
Frequently Asked Questions
What does HD HYUNDAI OILBANK CO., LTD do for the federal government?
HD HYUNDAI OILBANK CO., LTD specializes in logistics, maintenance, and support services for the federal government. Their contracts typically involve handling significant projects, but the lack of detailed information makes it challenging to assess their specific capabilities and services.
How much taxpayer money does HD HYUNDAI OILBANK CO., LTD receive?
HD HYUNDAI OILBANK CO., LTD has secured $314 million in federal contracts, with an average contract size of $3,92,47,988. The lack of recent contracts and detailed agency relationships makes it challenging to assess their current focus and the extent of their business activity.
Is HD HYUNDAI OILBANK CO., LTD good value for taxpayer money?
HD HYUNDAI OILBANK CO., LTD's sole-source contracts and lack of recent activity raise questions about their value to taxpayers. The absence of competitive bidding and detailed agency relationships makes it challenging to assess their performance and cost-effectiveness. However, their substantial contract size suggests that they handle significant projects, which could indicate a level of expertise and capability that is in demand. Further analysis of their performance and cost structures would be necessary to determine their value.
How does HD HYUNDAI OILBANK CO., LTD win its contracts?
HD HYUNDAI OILBANK CO., LTD has not won any competitive contracts, which may indicate a lack of competition or a preference for sole-source contracts. Their sole-source contracts suggest that they may have established relationships with certain agencies, but the absence of recent contracts and detailed agency relationships makes it challenging to assess their competitive position.
What agencies use HD HYUNDAI OILBANK CO., LTD most?
HD HYUNDAI OILBANK CO., LTD's lack of specific agency clients and recent contracts makes it difficult to assess their dependency patterns. Their sole-source contracts suggest that they may have established relationships with certain agencies, but without more detailed information, it is challenging to determine the extent of their reliance on any particular agency. The absence of recent contracts and detailed agency relationships raises concerns about concentration risks and the potential for over-reliance on a single or a few agencies.
What are the risks of relying on HD HYUNDAI OILBANK CO., LTD?
HD HYUNDAI OILBANK CO., LTD's lack of competitive contracts and recent activity raises concerns about their value to taxpayers. The absence of detailed agency relationships and recent contracts makes it challenging to assess their performance and cost-effectiveness. Their sole-source contracts suggest that they may have established relationships with certain agencies, but the lack of competition and recent activity raises questions about their reliability and the potential for over-reliance on a single or a few agencies.
How does HD HYUNDAI OILBANK CO., LTD compare to similar contractors?
HD HYUNDAI OILBANK CO., LTD appears to be a niche player in the federal contracting space, as evidenced by the lack of competitive contracts and the absence of specific agency clients. Their sole-source contracts suggest that they may have established relationships with certain agencies, but the absence of recent contracts and detailed agency relationships makes it challenging to assess their market position. They may hold competitive advantages in specialized areas such as logistics and maintenance, but their lack of competitive bidding suggests that they may not be actively seeking new contracts or facing significant competition.
Recent Federal Contracts
HD Hyundai Oilbank CO., Ltd has 4 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD Awards $55.4M Contract for 18M Gallons of JP8 Fuel to HD Hyundai Oilbank | Department of Defense | $55.4M | N/A |
| DoD awards $45M for Turbine Fuel Aviation (JP8) to HD Hyundai Oilbank under f... | Department of Defense | $45.1M | N/A |
| DoD's $32.5M JP8 Fuel Contract Awarded to HD Hyundai Oilbank Amidst Fixed Pri... | Department of Defense | $32.6M | N/A |
| DoD spent $24M on aviation fuel, with 12 bidders indicating strong competition. | Department of Defense | $24.0M | N/A |