TSXV:MRS.H - Post by User
Post by
robmilleron Feb 03, 2020 10:42am
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Post# 30634010
This still sounds very encouraging to me!!
This still sounds very encouraging to me!! Further to the Company’s December 5, 2019 announcement related to Unifire, Inc’s (“Unifire”) continued incumbency as a prime vendor on the Special Operations Equipment (“SOE”) Tailored Logistics Support (“TLS”) Program, on January 6, 2020, Unifire filed a pre-award protest with the U.S. Government Accountability Office (“GAO”) challenging the decision of the U.S. Defense Logistics Agency (“DLA”) to exclude Unifire’s proposal from the competition under SPE8EJ-18-R-0001. Unifire believes that it has a meritorious claim that DLA’s decision to exclude Unifire’s proposal was made in a manner inconsistent with prescribed U.S. federal government regulations. Unifire intends to prosecute the bid protest vigorously. The outcome of this proceeding cannot be predicted with certainty, and there can be no assurance that this protest will be resolved administratively in a manner favorable to Unifire.
As an incumbent SOE Prime Vendor, the Company will continue to work diligently to capture further sales through the active US$4 billion bridge contract (the “SOE Bridge”) (which extends through March 6, 2020) while also devoting sufficient resources to capturing accretive revenue-generation opportunities across all other current and future sales channels available to the Company.”
Rob