This opportunity is for the repair of an ACTUATOR ELECTRO-ME item for the U.S. Navy, with all pricing required to be firm. The required Repair Turnaround Time (RTAT) is 365 days, and failure to meet this timeline will result in a price reduction per unit per month. The contractor must specify a price reduction amount and a maximum cap for late delivery. Performance location is determined by the contractor's facility where the asset is shipped, and Government Source Inspection (GSI) is required. All freight is FOB Origin and handled by Navy CAV or Proxy CAV.