Treasury Award | 2031JG20D00010 | THIS IS A BASIC ORDERING AGREEMENT TO PURCHASE GOLD BULLION BARS.

2031JG20D00010 - THIS IS A BASIC ORDERING AGREEMENT TO PURCHASE GOL...

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This IDC contract for Industrial Products & Machinery > Industrial Products & Services was awarded in FY2020 on Jun 4, 2020 to StoneX Group by US Mint. There have been $5B in obligations to date with a ceiling value of $10B, showing a 50% burn rate so far on the contract. The contract was not competed under any preference program with 6 offers received.

StoneX Group is a contractor doing primarily Industrial Products & Machinery > Industrial Products & Services work for Treasury. The company receives $276.2M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Contract Number
2031JG20D00010
Contractor
INTL FCSTONE LTD
Obligations to Date
$5B
Ceiling Value
$10B
Award Date
06/04/2020
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury»US Mint


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Task Order History

Task Order No. Contractor Obligations Effective Date
2031JG20F51006 INTL FCSTONE LTD $4.8M 07/06/2020
2031JG20F51004 INTL FCSTONE LTD $4.8M 07/06/2020
2031JG20F51002 INTL FCSTONE LTD $4.8M 07/07/2020
2031JG20F51003 INTL FCSTONE LTD $2.1M 07/07/2020
2031JG20F51008 INTL FCSTONE LTD $3.7M 07/07/2020
2031JG20F51005 INTL FCSTONE LTD $4.9M 07/07/2020
2031JG20F51001 INTL FCSTONE LTD $4.8M 07/07/2020
2031JG20F51007 INTL FCSTONE LTD $4.8M 07/07/2020
2031JG20F51010 INTL FCSTONE LTD $4.9M 07/21/2020
2031JG20F51009 INTL FCSTONE LTD $4.9M 07/21/2020
2031JG20F51011 INTL FCSTONE LTD $2.2M 07/21/2020
2031JG20F51015 INTL FCSTONE LTD $5M 07/27/2020
2031JG20F51016 INTL FCSTONE LTD $5M 07/27/2020
2031JG20F51013 INTL FCSTONE LTD $3M 07/27/2020
2031JG20F51012 INTL FCSTONE LTD $5M 07/27/2020
2031JG20F51021 INTL FCSTONE LTD $5.2M 07/27/2020
2031JG20F51014 INTL FCSTONE LTD $4.8M 07/27/2020
2031JG20F51018 INTL FCSTONE LTD $4.3M 07/28/2020
2031JG20F51017 INTL FCSTONE LTD $5.1M 07/28/2020
2031JG20F51020 INTL FCSTONE LTD $5.3M 07/29/2020

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