Attach 11 Settlement Calculation General Umpire.pdf
PDF 88 KB Posted
- Solicitation number
- SP451024R1001
- Issued by
-
Defense Logistics Agency
About this file
This document provides settlement calculation formulas and examples for a precious metals recovery contract opportunity with the Defense Logistics Agency Disposition Services. The contractor will perform recovery of precious metals including gold, silver, platinum, and palladium from electronic scrap materials. Settlement will be determined based on the contractor's assay averages for each metal converted to troy ounces using the material's settlement weight. An umpire process is described where an independent lab can analyze a sample at the government's request, and the final settlement average will be the mean of the contractor's and umpire's assays. Costs of the umpire process are borne by the government. The related federal contract opportunity is solicitation number SP451024R1001 to provide precious metals recovery services for DLA Disposition Services.
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Other files
| File | Type | Posted |
|---|---|---|
| SP451024R1001-Amend 3.pdf | ||
| SP451024R1001-Amend 2.pdf | ||
| SP451024R1001-Amend 1.pdf | ||
| Attach B PMRP Price Schedule.xlsx | XLSX spreadsheet | |
| Attach A PMRP PWS.pdf | ||
| Attach 4 DLA Form 1822.pdf | ||
| Attach 12 Alternate Settlement Calcuations.pdf | ||
| Attach 3 DLA2507-1 Qualifued Facility List.pdf | ||
| Attach 8 Monthly Inventory Report.docx | DOCX document | |
| Attach 9 Assay Report Example.docx | DOCX document | |
| Attach 14 DLA2503 Transporter Qualification Application.pdf | ||
| Attach 6 RPT-RI2E-1 Description.pdf | ||
| Attach 7 Processing Approval Letter.docx | DOCX document | |
| Attach 2 How DLA Manages PM Scrap.pdf | ||
| Attach 10 Production Report Example.docx | DOCX document | |
| Attach 1 SCL Descriptions.pdf | ||
| Attach 5 1348-1A Issue Release Receipt.pdf | ||
| Attach 13 Settlement Letter.docx | DOCX document |
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Text version
ATTACHMENT 11: SETTLEMENT CALCULATIONS GENERAL/UMPIRE
General:
Not all Inclusive.
Based on the contractor’s processing method, calculations may be modified as needed.
Formula:
(KTR Assay Avg. PPT) / 1000 x (settlement weight) x 14.583 = Troy Oz due to government
Example:
Contractor performed PM recovery on electronic scrap and analysis reported following:
Umpire Process:
After DLA DS Authorized POC reviews the Production Report and Assay Report, DLA
DS Authorized POC may initiate the Umpire process to be completed. The DLA DS Authorized POC and Contractor shall agree upon an independent lab to use to send the Umpire sample to for analysis.
For assays that will go through the umpire process, settlement will be determined by using the results from the umpire sample and averaged with the Contractor’s results. All umpire results shall be final and binding on all parties. See below for example Umpire settlement calculations.
Costs associated with the Umpire process will be borne on the Government.
Example:
Using above Settlement example, Platinum results were challenged by umpire:
Contract Assay Avg.
(PPT)
Umpire Assay Avg.
(PPT)
Avg. between two Assay’s
(PPT)
Settlement Weight (Lbs.)
Troy Oz.
Due
0.00 0.04 0.02 / 1000 x 2987.75 x 14.583 0.87
PM Type Contractor Assay Avg. (PPT)
Settlement weight (Lbs.)
Troy Oz.
Due
Gold 2.98 / 1000 x 2987.75 x 14.583 129.84 Silver 7.4 / 1000 x 2987.75 x 14.583 322.42
Platinum 0.00 / 1000 x 2987.75 x 14.583 0.00 Palladium 0.42 / 1000 x 2987.75 x 14.583 18.3
File details come from the government source that posted it. Updated .