This opportunity is for the repair of a CIRCUIT BREAKER, with a required Repair Turnaround Time (RTAT) of 300 days from asset receipt to government acceptance. The contract is a total small business set-aside, and all pricing must be firm, with a potential price reduction for failing to meet the RTAT. Performance of services will occur at the contractor's facility, with freight handled FOB Origin by the Navy. The government intends to add an option for increased quantity, exercisable within 365 days. The award will be issued bilaterally and requires the contractor's written acceptance prior to execution.