This is a U.S. Navy solicitation for the repair of a VALVE/ACTUATOR ASSY, requiring a firm Repair Turnaround Time (RTAT) of 63 days from asset receipt to acceptance. The contract includes a potential option for the government to increase the quantity of supplies, with a performance period of 365 days for that option. The work involves specific quality assurance, packaging, and marking requirements, including compliance with MIL-STD-130. The government requires a price reduction per unit per month for any unexcused failure to meet the RTAT, with the contractor proposing that reduction amount. Proof of being an authorized distributor of the original manufacturer's item is required for award consideration.