This Navy repair solicitation is for a VALVE,REGULATING,FL; the resultant award will be issued bilaterally and requires the contractor’s written acceptance, with all freight FOB Origin. The Government requires a Repair Turnaround Time (RTAT) of 180 days, encourages accelerated delivery, and will impose per-unit/per-month price reductions for inexcusable late delivery; quotes must include unit price, total price, RTAT, and the offered price-reduction amount. Contractors must report CAV transactions by the fifth regular business day after receipt and keep inspection records for 365 calendar days after final delivery, and Government Source Inspection is required. The RFQ includes testing/evaluation if an asset is determined beyond repair, with a potential negotiated reduced contract price up to a not-to-exceed amount to be completed by the offeror. Offerors must provide awardee and facility/subcontractor CAGE information, including the CAGE where the asset should be shipped, and must verify nomenclature, part number, and NSN prior to responding.