Now confirmed that any USN AAR contract for 2020 w
Post# of 2306
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In my opinion, this makes use of the fast-track ID/IQ MAC process almost certain.
The contract awarded to $TMPS on April 24, 2019 - protested twice by competitor Omega - with protests denied - has now been formally cancelled.
In a letter dated October 8th, 2019, the Navy has informed Tristar that as a consequence of litigation related to the Government’s procurement of this contract the Navy is de-scoping the entire remaining effort under the contract and no further work will be performed under this contract and all existing task orders.
Form 8-K filed October 11, 2019 refers
https://www.otcmarkets.com/filing/conv_pdf?id...qCTdHNVFth
This also makes it clear that it is the way the USN handled the bidding process that is the basis for the cancellation.
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Tempus Applied Solutions Holdings, Inc. (TMPS) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.