InvestorsHub Logo

BillJay

02/22/19 7:54 PM

#22053 RE: LoserTrying2Win #22052

"Please be advised that a competitive follow-on effort procurement is ongoing with a planned award in March 2019." That's what you want to focus on. It sounds like Omega may get another extension while TMPS transitions into the space. That's just my take. I'm sure you'll get responses from other people on this board at a later time. Sounds like pretty damn good news to me, especially since the follow-on procurement is for 5 years.

4020RD

02/24/19 11:31 PM

#22076 RE: LoserTrying2Win #22052

Folks, I will reach out to some contracting officer friends I know (non navy) and provide back info concerning scenerios a 1 year sole source contract mod would happen 2 months before the follow on competitive contract is awarded. I have ideas but don't want to post conjecture. Key words I picked up on were "at this time...." Interesting to say the least! I'll post back tomorrow.

4020RD

02/25/19 12:48 AM

#22077 RE: LoserTrying2Win #22052

Just spoke with a contracting friend. They confirmed my thinking. Navy is hedging with the 1 year extension for 1 of 2 reasons. 1st....new provider and there needs to be a sufficient transition time to reduce risk during transition. The release doesn't say how many options are in the 12 month period either... It could be set up for 4 options of 3 months each. 2nd scenario, navy is hedging against a potential protest after award in March. If GAO upholds a protest, it usually takes a full 12 months to redo contract award. Who is protesting is the question! Either situation is positive if you think about it. My bet is that they may be expecting a protest from incumbent because govt typically doesn't worry about protests from smaller incapable contractors. Navy contracting is renowned for getting who they want and do a ton of sole source actions. The fact that a competitive contract is happening and a 12 month risk reduction hedge has been awarded is very interesting! Again... All IMO.