RE:RE:RE:RE:RE:I am confused ! Is this same 1st phase as early FEB NR ?That is my understanding as well: within this $40m contract, as long as DM successfully completes the current phase, DM will automatically be able to start the subsequent phase (no competitve bidding required).
dirtydzn wrote: I believe MG stated that DM no longer had to bid on each phase.
maryhill wrote: There is $40 million dollars worth of phases right now.
Each phase is worth several million dollars and Datametrex has to bid on each phase regardless of having the best tech to complete the project.
Each phase is a certain scope of work, but with Datametrex winning the bid for next phase, they can tweak that scope of work to steer the next phase in their favour.
Right now it is suppose to be a $40 million project but with the evolution of technology, it is a perpetual contract/project. Many new phases will be added on.
Remember, this is a Canadian Government contract, it is the NATO/ USDOD work that is classified and full of NDAs. Financials will show how lucrative these " unwritten" contracts are.
Oden6570 wrote: Not sure how you can be selected for next phase ( suggests you have completed a phase ) and then annouce you have completed phase 1 ? Was that phase 0 prior to today ? The messaging and content of NR'S regarding this issue IMHO is confusing. Great news and yes it is significant. But what phase is next 1.5 ? How many phases are there? Anyhow these NRs and they way they are written IMHO are not done well and are confusing again IMHO.