US Vanadium, Largo Resources share $125M vanadium contract
United States, July 1 -- US Vanadium LLC, Hot Springs National Park, Arkansas (SP8000-26-D-0015) and Largo Resources USA Inc.,* McLean, Virginia (SP8000-26-D-0016) are sharing a maximum $125,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract under solicitation (SP8000-26-R-0013) for Vanadium Pentoxide.This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(3)(A), as implemented in the Federal Acquisition Regulation 6.103-3 (b)(1). These are five-year contracts with no option periods. The performance completion date is June 21, 2031.Using military services are Army, Marine Corps, Navy, Air Force, and Space Force. Type of appropriation is fiscal 2026 through 2031 transaction funds. The contracting ...
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