The Defense Department on Monday said it will decrease its progress payment rate for large businesses to 80 percent on new contracts, the rate it paid big contractors before the COVID-19 pandemic hit in March 2020. In March 2020, to help large contractors keep their smaller suppliers healthy amid challenges related to the onset of the pandemic, DoD increased the progress payment rate to 90 percent. The change back to 80 percent goes into effect for solicitations for contracts issued…
Southeastern Kentucky Rehabilitation Industries,** Corbin, Kentucky, has been awarded a maximum $14,312,903 modification (P00008) to a five-year contract (SPE1C1-24-D-N017) with no option periods adding various boonie covers via conversion. This is a firm-fixed-price, indefinite-quantity contract. The ordering period end date…
Teradyne Inc., North Reading, Massachusetts, has been awarded a maximum $16,723,189 firm-fixed-price contract for circuit card assemblies. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a one-year…
Ham Produce and Seafood Inc.,* Honolulu, Hawaii, has been awarded a maximum $26,250,000 fixed-price with economic-price-adjustment, indefinite-delivery contract for fresh fruits and vegetables. This was a competitive acquisition with three responses received. This is a five-year contract with no option…
Longbow LLC, Orlando, Florida, was awarded an $11,203,243 modification (P00017) to contract W58RGZ-22-C-0053 for sustainment of the Apache AH-64D/E Model Fire Control Radar, including depot-level and supply support elements and program management functions. The modification brings the total cumulative face…
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