This is a U.S. Navy solicitation for the repair of a VALVE, BUTTERFLY, with performance required at the contractor's facility (FOB Origin). The government requires a Repair Turnaround Time (RTAT) of 55 days, measured from asset receipt to government acceptance, with accelerated delivery encouraged. The contract will be firm-fixed-price, and the award will be issued bilaterally, requiring the contractor's written acceptance. A price reduction will apply per unit per month if the contractor fails to meet the required RTAT, with the specific reduction amount to be provided by the offeror. Government Source Inspection (GSI) is required, and all work must meet operational and functional requirements per specified standards and drawings.