This opportunity is for the repair of a VALVE,REGULATING,FL for the U.S. Navy, with performance expected at the contractor's facility. The government requires a Repair Turnaround Time (RTAT) of 180 days, measured from asset receipt to government acceptance, with price reductions for late delivery. The contract includes an option for increased quantity, and accelerated delivery is encouraged. All freight is FOB Origin, and Government Source Inspection (GSI) is required. The award will be a bilateral, firm-fixed-price contract.