InvestorsHub Logo
Followers 20
Posts 824
Boards Moderated 0
Alias Born 06/26/2017

Re: AJH92 post# 27108

Thursday, 08/22/2019 9:48:14 PM

Thursday, August 22, 2019 9:48:14 PM

Post# of 31087
Here's where I'm a bit flabbergasted.

"As announced by the Company May 2, 2019, the contract award came under protest. Following protest dismissal, the outcome was appealed by the incumbent as announced by the Company July 19, 2019."

"TriStar Air, LLC has received a stop-work from the Contracting Officer, as a protest has been made to GAO. The stop-work order will remain in effect until otherwise instructed by the Contracting Officer."

So the above text indicates that Omega protested to the contracting officer and it was dismissed. Omega then proceeded to protest directly to the GAO?

Finally:

"The Department of the Navy has informed TriStar Air LLC that a decision has been made to take corrective action and the Agency intends to terminate the air-to-air refueling contract awarded to TriStar Air LLC, as announced by the Company April 24, 2019."

So the above text indicates that the Department of the Navy disagreed with the contracting officer's decision, made the decision to terminate the contract, which in turn made the GAO make an academic decision and dismiss the protest?

Anybody following me here? What the F has transpired? What options does TMPS have? Can they now move forward with their own protest? All this seems quite odd. Could the Department of the Navy essentially split the contract and draw up two new contracts that gives Omega the West Coast and TMPS the East Coast? This just isn't adding up after dragging this thing out for sooooo long. Where's the resolution???
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.