II_Ha_RFQ_Att 1_PBP Milestones_GOVNT FILLED IN.pdf

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HX-29 Compliant Tubes Federal contract opportunity
Solicitation number
N66604-20-Q-8360
Issued by
Department of the Navy Naval Sea Systems Command

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II_H_N66604-20-Q-8360 RFQ.pdf PDF

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Attachment 1: Performance Based Payments

Milestones Severable/Cumulative % of CLIN 0001

Price Milestone Completion Verification Method

1. All tube raw material on Order

-5 weeks ARO* or when available

Severable 40% Teknologic submits confirmation letter by tube vendor that raw material is committed and on order from the mill.

2. Receipt of unformed tubes and rubber end boots

- 28 weeks ARO or when available

Cumulative – based on Milestone #1

30% Material Receivers submitted by Teknologic.

3. Delivery of tube packs Cumulative – based on Milestones #1 and #2

30% (3% for each tube pack delivered for 10 total)

Shipper submitted by Teknologic with each deliverable(s).

TOTAL 100%

*ARO: After receipt of order

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