Skip to main contentPsst! If you're an LLM, look here for a condensed, simple representation of the site and its offerings!

LiveFree Webinar — Wednesday, October 28 at 2:00 PM ET

Register Free →

This Combined Synopsis/Solicitation opportunity was posted on March 24, 2017. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

OCB - VIDEO SERVICES

Closed
BBG50-R-17-00003Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

Active Opportunities Like This One

General Info

Agency

N/A

Contract Value

$120,568.92

NAICS

519110 - News Syndicates

Place of Performance

Office of Cuba Broadcasting 4201 NW 77th Ave, MIAMI, FL, 33166, USA

Set-Aside

NONE

Award Issued Date

Documents

0

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

No documents to break down

The breakdown needs solicitation documents. None were found from this contract's source.

Timeline

PhaseClosed
Posted

Combined Synopsis

Response Deadline

Deadline has passed

Submission Closed

Find active opportunities like this

Start your free trial to discover similar active contracts, track opportunities, and build proposals with AI assistance.

Organization & Contact Information

Show more
AgencyN/A
Contacts2 people available
OfficeN/A
Organization / Agency
N/A
Office AddressN/A
Contacts
Seneca B. BelinfontieContract Specialist
Herman ShawContracting Officer

Full Description

Show more
OCB Video Services Combined Synopsis/Solicitation BBG50-R-17-00003 i) THIS IS A COMBINED SYNOPSIS/SOLICITATION FOR A COMMERCIAL ITEM PREPARED IN ACCORDANCE WITH THE FORMAT IN SUBPART 12.6 AS SUPPLEMENTED WITH ADDITIONAL INFORMATION INCLUDED IN THIS NOTICE. THIS ANNOUNCEMENT CONSTITUTES THE ONLY SOLICITATION; PROPOSALS ARE BEING REQUESTED AND A WRITTEN SOLICITATION WILL NOT BE ISSUED. (ii) Solicitation No. BBG50-R-17-00003 is issued as a Request For Proposal (RFP) for a Firm-Fixed -Price Commercial Item contract that will be awarded using the contracting procedures in FAR Subpart 13.5. (iii) This solicitation document and incorporated provisions and clauses are those in effect from the Federal Acquisition Regulations FAC 2005-94, 2005-95, dated January 19, 2017. (iv) This acquisition is unrestricted (full and open competition). The North American Industry Classification Systems (NAICS) code for this acquisition is 519110 (News Syndicates) with a size Standards of $27.5. (v) The Contractor shall provide the Contract Line Items (CLINs) reflected in Attachment B. (vi) The Broadcasting Board of Governors, which includes Office of Cuba Broadcasting, is looking to contract a video service to provide the agency with daily, comprehensive video coverage/footage of domestic (US) and International news events, as well as sports from around the nation and the world, which are spot, breaking and feature stories. The stories provided should be available in various forms, e.g. complete reporter voiced packages, split audio (international sound) with narrator track and natural sound as well as raw, uncut footage of particular news events. Examples of live events, both foreign and domestic include, but are not limited to, presidential addresses, congressional hearings, government briefings as well as campaign rallies and other scheduled events, as well as live coverage of breaking news: major catastrophes, accidents and weather events. Besides the aforementioned news events and daily coverage of what is typically termed "news" the video service should provide: Domestic & International Sports Business News Medical/Science Technology Entertainment Weather. All stories should be accompanied by their corresponding scripts and graphic (supers) requirements such as courtesies, locators and name and title of interviewees. The quality of the feed shall meet commonly accepted RS170A broadcast standards (See C.6) as defined by the Agency. If sub-standard material is provided, the Contractor shall provide replacement, at the Contractor's expense, in a timely fashion and by courier, if necessary. The quality of the feed should meet commercial television standards for SD transmission. There should be a minimum of six feeds per day during morning, afternoon, evening and overnight hours. The contractor will need to provide a daily list of stories to be, appropriate script information, as well as the running time of the story along with the expected time when it will be fed. Feeds may be sent/received via satellite, fiber or other IP methods of transmission. Specific coverage of Cuba and Cuban issues, particularly of events happening inside the island are a plus. The contractor will need adhere to the Technical Commercial Broadcast Standards. Video must conform to RS170A specifications for SC/H subcarrier phase, horizontal blanking not to exceed 11.2 microseconds and vertical blanking of 21 lines. Head switching shall not be visible in active video or Betacam SP format feeds. Video Frequency Response 30 Hz to 4.2 mHz NTSC Video Signal to Noise ratio, weighted CCIR 50dB min, NTSE K-Factor, 2T sin2 pulse and bar 2% min. Differential Gain at 3.58 mHz (10% to 90% APL) 2.5% max. Differential phase shall not exceed 3? maximum. Audio operating level shall be +8 dBm where 0dB = 0.775 volts across a 600 ohms load. Audio Frequency Response flat within +/- 1b between 50 Hz to 15 KHz. Audio THD (Distortion) 50 Hz to 15 KHz 1.5% max. Audio Signal to Noise ratio, unweighted 50 dB minimum If Contractor provides the News Feed as a digital file based system, stories must be compatible with or have the ability to be transcoded to match the Agency's current video server standard of DV 25 in a QuickTime container. Use of feed material may be used in all media and formats now known or hereafter devised, including, but not limited to: theatrical and non-theatrical, commercial and non-commercial, distribution, exhibition, promotional, radio, television, simulcast, broadcast, internet, mobile, CD-ROM, DVD, closed-circuit TV, cable systems, transmission via satellite, wireless cable, reproduction rights (in any format and standard such as VHS, and PAL, etc.) and may be excerpted, edited, translated, and adapted. The geographic scope of the license will be international territory. The license provided for in H.1 excludes public performance, public display, and broadcasting of "feed material" within the United States; however, inadvertent or incidental reception within the United States of feed material intended for audiences outside the United States shall not be a breach of this license. Inadvertent reception includes reception of internet sites that although targeted to audiences outside the United States are capable of being viewed within the United States. FREQUENCY - Minimum requirement is continuous coverage of major activities of the President and other member of the Executive Branch and Legislative Branches of government. The news events provided by the Contractor occur throughout the day, seven (7) days a week. Some news events are scheduled and others occur as news events warrant. The news event coverage is of indeterminate length and shall be regularly scheduled and unplanned domestic and international events, as deemed appropriate for the Agency's programming needs. The Agency may call the Contractor to discuss what news event coverage is available each day via the pool feed sources. From time to time, the Agency may request, and the Contractor shall provide certain presently unknown television pool feeds. SUPPORT MATERIAL - The Contractor shall supply advisories and notifications which list all the available news feed events each day. Such support material shall be delivered in a time and expedient manner in accordance with the customary standard practice in the broadcast industry to the Agency's computer system in the Cohen Building in Washington, D.C. Feed support material and associated metadata must be compatible and easily importable into Agency computer systems, databases, video server system, and media asset management system. Providing the text files in XML format would be considered a benefit. The Contractor is responsible for providing a reliable back-up system in the event of a failure in the primary system. (vii) The proposed period of performance will be a base period from May 1, 2017 through April 30, 2018, with options to extend four (4) additional one-year periods, at the discretion of the Government subject to the availability of funding. Place of Delivery is Office of Cuba Broadcasting (OCB), 4201 NW 77th Ave, Miami, Florida. Place of Acceptance and FOB point is also OCB located in Miami Florida. The subsequent Options to Extend Term clause (FAR Clause 52.217-9) (if exercised) will follow sequentially for a total contract duration not to exceed sixty (60) months. (viii) The Federal Acquisition Regulation (FAR) provision FAR 52.212-1 Instruction to Offerors-Commercial Items, applies to this solicitation. Full text of all FAR clauses and provisions are available electronically at the following Internet address: (http://www.acquisition.gov/far). Interested offerors who are capable of providing a site license for newswire services should submit a proposal demonstrating their ability and experience in providing the required services. INTERESTED OFFERORS RESPONDING TO THIS SOLICITATION SHALL SUBMIT THE FOLLOWING ITEMS TO THE CONTRACTING OFFICER: (1) a Technical Proposal which addresses the technical factors described below in (ix) and (2) a Price Proposal in accordance with (ix). The Price Proposal must contain a copy of Attachment "B" entitled "SUPPLIES AND PRICES/COSTS" which must be filled out by the interested offeror. The Government plans to award without discussions, but may conduct discussions if it deems it is in the Government's best interest. The decision to hold discussions will be at the sole discretion of the Government. Thus any information an Offeror wishes the Government to consider shall be submitted with the Offeror's written proposal, since discussions may not occur.OCB Video Services Combined Synopsis/Solicitation BBG50-R-17-00003 i) THIS IS A COMBINED SYNOPSIS/SOLICITATION FOR A COMMERCIAL ITEM PREPARED IN ACCORDANCE WITH THE FORMAT IN SUBPART 12.6 AS SUPPLEMENTED WITH ADDITIONAL INFORMATION INCLUDED IN THIS NOTICE. THIS ANNOUNCEMENT CONSTITUTES THE ONLY SOLICITATION; PROPOSALS ARE BEING REQUESTED AND A WRITTEN SOLICITATION WILL NOT BE ISSUED. (ii) Solicitation No. BBG50-R-17-00003 is issued as a Request For Proposal (RFP) for a Firm-Fixed -Price Commercial Item contract that will be awarded using the contracting procedures in FAR Subpart 13.5. (iii) This solicitation document and incorporated provisions and clauses are those in effect from the Federal Acquisition Regulations FAC 2005-94, 2005-95, dated January 19, 2017. (iv) This acquisition is unrestricted (full and open competition). The North American Industry Classification Systems (NAICS) code for this acquisition is 519110 (News Syndicates) with a size Standards of $27.5. (v) The Contractor shall provide the Contract Line Items (CLINs) reflected in Attachment B. (vi) The Broadcasting Board of Governors, which includes Office of Cuba Broadcasting, is looking to contract a video service to provide the agency with daily, comprehensive video coverage/footage of domestic (US) and International news events, as well as sports from around the nation and the world, which are spot, breaking and feature stories. The stories provided should be available in various forms, e.g. complete reporter voiced packages, split audio (international sound) with narrator track and natural sound as well as raw, uncut footage of particular news events. Examples of live events, both foreign and domestic include, but are not limited to, presidential addresses, congressional hearings, government briefings as well as campaign rallies and other scheduled events, as well as live coverage of breaking news: major catastrophes, accidents and weather events. Besides the aforementioned news events and daily coverage of what is typically termed "news" the video service should provide: Domestic & International Sports Business News Medical/Science Technology Entertainment Weather. All stories should be accompanied by their corresponding scripts and graphic (supers) requirements such as courtesies, locators and name and title of interviewees. The quality of the feed shall meet commonly accepted RS170A broadcast standards (See C.6) as defined by the Agency. If sub-standard material is provided, the Contractor shall provide replacement, at the Contractor's expense, in a timely fashion and by courier, if necessary. The quality of the feed should meet commercial television standards for SD transmission. There should be a minimum of six feeds per day during morning, afternoon, evening and overnight hours. The contractor will need to provide a daily list of stories to be, appropriate script information, as well as the running time of the story along with the expected time when it will be fed. Feeds may be sent/received via satellite, fiber or other IP methods of transmission. Specific coverage of Cuba and Cuban issues, particularly of events happening inside the island are a plus. The contractor will need adhere to the Technical Commercial Broadcast Standards. Video must conform to RS170A specifications for SC/H subcarrier phase, horizontal blanking not to exceed 11.2 microseconds and vertical blanking of 21 lines. Head switching shall not be visible in active video or Betacam SP format feeds. Video Frequency Response 30 Hz to 4.2 mHz NTSC Video Signal to Noise ratio, weighted CCIR 50dB min, NTSE K-Factor, 2T sin2 pulse and bar 2% min. Differential Gain at 3.58 mHz (10% to 90% APL) 2.5% max. Differential phase shall not exceed 3? maximum. Audio operating level shall be +8 dBm where 0dB = 0.775 volts across a 600 ohms load. Audio Frequency Response flat within +/- 1b between 50 Hz to 15 KHz. Audio THD (Distortion) 50 Hz to 15 KHz 1.5% max. Audio Signal to Noise ratio, unweighted 50 dB minimum If Contractor provides the News Feed as a digital file based system, stories must be compatible with or have the ability to be transcoded to match the Agency's current video server standard of DV 25 in a QuickTime container. Use of feed material may be used in all media and formats now known or hereafter devised, including, but not limited to: theatrical and non-theatrical, commercial and non-commercial, distribution, exhibition, promotional, radio, television, simulcast, broadcast, internet, mobile, CD-ROM, DVD, closed-circuit TV, cable systems, transmission via satellite, wireless cable, reproduction rights (in any format and standard such as VHS, and PAL, etc.) and may be excerpted, edited, translated, and adapted. The geographic scope of the license will be international territory. The license provided for in H.1 excludes public performance, public display, and broadcasting of "feed material" within the United States; however, inadvertent or incidental reception within the United States of feed material intended for audiences outside the United States shall not be a breach of this license. Inadvertent reception includes reception of internet sites that although targeted to audiences outside the United States are capable of being viewed within the United States. FREQUENCY - Minimum requirement is continuous coverage of major activities of the President and other member of the Executive Branch and Legislative Branches of government. The news events provided by the Contractor occur throughout the day, seven (7) days a week. Some news events are scheduled and others occur as news events warrant. The news event coverage is of indeterminate length and shall be regularly scheduled and unplanned domestic and international events, as deemed appropriate for the Agency's programming needs. The Agency may call the Contractor to discuss what news event coverage is available each day via the pool feed sources. From time to time, the Agency may request, and the Contractor shall provide certain presently unknown television pool feeds. SUPPORT MATERIAL - The Contractor shall supply advisories and notifications which list all the available news feed events each day. Such support material shall be delivered in a time and expedient manner in accordance with the customary standard practice in the broadcast industry to the Agency's computer system in the Cohen Building in Washington, D.C. Feed support material and associated metadata must be compatible and easily importable into Agency computer systems, databases, video server system, and media asset management system. Providing the text files in XML format would be considered a benefit. The Contractor is responsible for providing a reliable back-up system in the event of a failure in the primary system. (vii) The proposed period of performance will be a base period from May 1, 2017 through April 30, 2018, with options to extend four (4) additional one-year periods, at the discretion of the Government subject to the availability of funding. Place of Delivery is Office of Cuba Broadcasting (OCB), 4201 NW 77th Ave, Miami, Florida. Place of Acceptance and FOB point is also OCB located in Miami Florida. The subsequent Options to Extend Term clause (FAR Clause 52.217-9) (if exercised) will follow sequentially for a total contract duration not to exceed sixty (60) months. (viii) The Federal Acquisition Regulation (FAR) provision FAR 52.212-1 Instruction to Offerors-Commercial Items, applies to this solicitation. Full text of all FAR clauses and provisions are available electronically at the following Internet address: (http://www.acquisition.gov/far). Interested offerors who are capable of providing a site license for newswire services should submit a proposal demonstrating their ability and experience in providing the required services. INTERESTED OFFERORS RESPONDING TO THIS SOLICITATION SHALL SUBMIT THE FOLLOWING ITEMS TO THE CONTRACTING OFFICER: (1) a Technical Proposal which addresses the technical factors described below in (ix) and (2) a Price Proposal in accordance with (ix). The Price Proposal must contain a copy of Attachment "B" entitled "SUPPLIES AND PRICES/COSTS" which must be filled out by the interested offeror. The Government plans to award without discussions, but may conduct discussions if it deems it is in the Government's best interest. The decision to hold discussions will be at the sole discretion of the Government. Thus any information an Offeror wishes the Government to consider shall be submitted with the Offeror's written proposal, since discussions may not occur. (ix) The Federal Acquisition Regulation (FAR) provision FAR 52.212-2 Evaluation-Commercial Items, applies to this solicitation. The Government intends to award one or more Commercial Item, Firm-Fixed-Price, contract(s) resulting from this RFP to the responsible offeror whose offer provides the best value to the Government. All Evaluation Factors other than Cost/Price when combined are significantly more important than Cost/Price. The Government reserves the right not to make an award as well as reserves the right to make an award to other than the lowest priced offer or to make an award to other than the offer with the highest technical rating if the Contracting Officer determines that to do so would result in the best value to the Government. The following factors shall be addressed in the technical proposals and shall be used to evaluate proposals: Factor 1: Technical Approach - The technical approach factor has four sub-factors (a-d) listed descending order of importance as follows: a). PROFESSIONAL QUALIFICATIONS - The Offeror shall be regularly engaged in the providing an international newswire service with a proved record of accuracy, reliability and journalistic integrity and shall be regarded by the commercial news industry as a bona fide news gathering organization and a competent and reliable source of news material. The Offeror must have bureaus in major cities around the world. While this solicitation is for textual newswires, the Offeror's experience in providing video news coverage, photos and web content will be viewed as further evidence of its reputation and breadth of experience. The Offeror must provide a list of its customer base. The Offeror must be able to deliver at least 1,000 stories per day. b). TECHNICAL CAPABILITY OF THE SERVICES OFFERED - The Offeror shall provide a narrative detailing the approach that it will take to meet the requirement and shall provide details as to technical specifications so that the newswire services can be used on TV, the Internet and mobile/wireless devices with equal detail of image. c). COMPREHENSIVENESS OF COVERAGE INCLUDING U.S. AND INTERNATIONAL, BREAKING NEWS AND FEATURES - The newswire services shall include a broad range of topics, including but not limited to domestic and international current events, conflicts, disasters, politics, medicine, environment, technology, business/finance, sports, entertainment and social issues. d). RELIABILITY/EASE OF ACCESS AND USE - The Offeror shall provide a narrative detailing the approach taken to deliver the newswire services to the Agency. The Offeror shall be responsible for maintaining in proper operating condition the lines and equipment which it furnishes. Factor 2: MANAGEMENT APPROACH - The Offeror must provide a description of the approach they will take to meet the requirement; Factor 3: EXPERIENCE - The Offeror shall provide recent examples of its work (within the past three (3) years) demonstrating its experience in providing the services required under this Solicitation to Governmental or commercial customers. The Offeror shall have demonstrated experience in regularly being engaged in providing a newswire service known in the news industry for fair, balanced and comprehensive news coverage of news events, politics, natural events, business and financial news, sports, entertainment and lifestyle to Governmental and/or commercial customers; and Factor 4: PAST PERFORMANCE: The Offeror's Technical proposal shall contain detailed information on past performance and relevant contracts for same services with a minimum of three (3) reference including contract numbers, points of contact with telephone numbers and email addresses (i.e., the point of contact who can verify the Offeror's past performance). Agency shall evaluate the Offeror's Past Performance pursuant to FAR 15.305(a)(2). Each Offeror's Past Performance shall be determined to be favorable or unfavorable. Pursuant to FAR 15.305(a) (2) (iv), in the case of an Offeror without a record of relevant past performance or for whom information on past performance is not available, the Offeror will be evaluated as neutral. Interested offerors shall provide a Separate Price Proposal showing a price breakdown for the CLIN above. The prices shall be provided in English and United States dollars. The Price Proposal must contain Attachment B entitled "SUPPLIES AND PRICES/COSTS" which must be filled out by the offeror. The total price including options will be evaluated for completeness and reasonableness for award. Offerors are cautioned that failure to address each of the above evaluation factors may deem their proposal unacceptable. (x) Offerors shall include a completed copy of the provision FAR 52.212-3 Offeror Representations and Certifications-Commercial Items with its offer which is completed by registering in the System for Award Management (SAM) website at: HTTPS://WWW.SAM.GOV/PORTAL. Proposals must also include contractor name and address, contractor's DUNS Number, prompt payment terms, and correct remittance address, if different from mailing address. THE SUCCESSFUL CONTRACTOR MUST BE REGISTERED ONLINE IN THE SAM WEB SITE PRIOR TO CONTRACT AWARD. (xi) The FAR clause 52.212-4 Contract Terms and Conditions-Commercial Items, applies to this acquisition with addendum to the clause. The addendum is as follows: 2.212-4 Contract Terms and Conditions-Commercial Items. (Jan 2017) (a) Inspection/Acceptance. The Contractor shall only tender for acceptance those items that conform to the requirements of this contract. The Government reserves the right to inspect or test any supplies or services that have been tendered for acceptance. The Government may require repair or replacement of nonconforming supplies or reperformance of nonconforming services at no increase in contract price. If repair/replacement or reperformance will not correct the defects or is not possible, the Government may seek an equitable price reduction or adequate consideration for acceptance of nonconforming supplies or services. The Government must exercise its post-acceptance rights- (1) Within a reasonable time after the defect was discovered or should have been discovered; and (2) Before any substantial change occurs in the condition of the item, unless the change is due to the defect in the item. (b) Assignment. The Contractor or its assignee may assign its rights to receive payment due as a result of performance of this contract to a bank, trust company, or other financing institution, including any Federal lending agency in accordance with the Assignment of Claims Act (31 U.S.C. 3727). However, when a third party makes payment (e.g., use of the Governmentwide commercial purchase card), the Contractor may not assign its rights to receive payment under this contract. (c) Changes. Changes in the terms and conditions of this contract may be made only by written agreement of the parties. (d) Disputes. This contract is subject to 41 U.S.C. chapter 71, Contract Disputes. Failure of the parties to this contract to reach agreement on any request for equitable adjustment, claim, appeal or action arising under or relating to this contract shall be a dispute to be resolved in accordance with the clause at FAR 52.233-1, Disputes, which is incorporated herein by reference. The Contractor shall proceed diligently with performance of this contract, pending final resolution of any dispute arising under the contract. (e) Definitions. The clause at FAR 52.202-1, Definitions, is incorporated herein by reference. (f) Excusable delays. The Contractor shall be liable for default unless nonperformance is caused by an occurrence beyond the reasonable control of the Contractor and without its fault or negligence such as, acts of God or the public enemy, acts of the Government in either its sovereign or contractual capacity, fires, floods, epidemics, quarantine restrictions, strikes, unusually severe weather, and delays of common carriers. The Contractor shall notify the Contracting Officer in writing as soon as it is reasonably possible after the commencement of any excusable delay, setting forth the full particulars in connection therewith, shall remedy such occurrence with all reasonable dispatch, and shall promptly give written notice to the Contracting Officer of the cessation of such occurrence. (g) Invoice. (1) The Contractor shall submit an original invoice and three copies (or electronic invoice, if authorized) to the address designated in the contract to receive invoices. An invoice must include- (i) Name and address of the Contractor; (ii) Invoice date and number; (iii) Contract number, line item number and, if applicable, the order number; (iv) Description, quantity, unit of measure, unit price and extended price of the items delivered; (v) Shipping number and date of shipment, including the bill of lading number and weight of shipment if shipped on Government bill of lading; (vi) Terms of any discount for prompt payment offered; (vii) Name and address of official to whom payment is to be sent; (viii) Name, title, and phone number of person to notify in event of defective invoice; and (ix) Taxpayer Identification Number (TIN). The Contractor shall include its TIN on the invoice only if required elsewhere in this contract. (x) Electronic funds transfer (EFT) banking information. (A) The Contractor shall include EFT banking information on the invoice only if required elsewhere in this contract. (B) If EFT banking information is not required to be on the invoice, in order for the invoice to be a proper invoice, the Contractor shall have submitted correct EFT banking information in accordance with the applicable solicitation provision, contract clause (e.g., 52.232-33, Payment by Electronic Funds Transfer-System for Award Management, or 52.232-34, Payment by Electronic Funds Transfer-Other Than System for Award Management), or applicable agency procedures. (C) EFT banking information is not required if the Government waived the requirement to pay by EFT. (2) Invoices will be handled in accordance with the Prompt Payment Act (31 U.S.C. 3903) and Office of Management and Budget (OMB) prompt payment regulations at 5 CFR Part 1315. (h) Patent indemnity. The Contractor shall indemnify the Government and its officers, employees and agents against liability, including costs, for actual or alleged direct or contributory infringement of, or inducement to infringe, any United States or foreign patent, trademark or copyright, arising out of the performance of this contract, provided the Contractor is reasonably notified of such claims and proceedings. (i) Payment.- (1) Items accepted. Payment shall be made for items accepted by the Government that have been delivered to the delivery destinations set forth in this contract. (2) Prompt payment. The Government will make payment in accordance with the Prompt Payment Act (31 U.S.C. 3903) and prompt payment regulations at 5 CFR Part 1315. (3) Electronic Funds Transfer (EFT). If the Government makes payment by EFT, see 52.212-5(b) for the appropriate EFT clause. (4) Discount. In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date which appears on the payment check or the specified payment date if an electronic funds transfer payment is made. (5) Overpayments. If the Contractor becomes aware of a duplicate contract financing or invoice payment or that the Government has otherwise overpaid on a contract financing or invoice payment, the Contractor shall- (i) Remit the overpayment amount to the payment office cited in the contract along with a description of the overpayment including the- (A) Circumstances of the overpayment (e.g., duplicate payment, erroneous payment, liquidation errors, date(s) of overpayment); (B) Affected contract number and delivery order number, if applicable; (C) Affected line item or subline item, if applicable; and (D) Contractor point of contact. (ii) Provide a copy of the remittance and supporting documentation to the Contracting Officer. (6) Interest. (i) All amounts that become payable by the Contractor to the Government under this contract shall bear simple interest from the date due until paid unless paid within 30 days of becoming due. The interest rate shall be the interest rate established by the Secretary of the Treasury as provided in 41 U.S.C. 7109 , which is applicable to the period in which the amount becomes due, as provided in (i)(6)(v) of this clause, and then at the rate applicable for each six-month period as fixed by the Secretary until the amount is paid. (ii) The Government may issue a demand for payment to the Contractor upon finding a debt is due under the contract. (iii) Final decisions. The Contracting Officer will issue a final decision as required by 33.211 if- (A) The Contracting Officer and the Contractor are unable to reach agreement on the existence or amount of a debt within 30 days; (B) The Contractor fails to liquidate a debt previously demanded by the Contracting Officer within the timeline specified in the demand for payment unless the amounts were not repaid because the Contractor has requested an installment payment agreement; or (C) The Contractor requests a deferment of collection on a debt previously demanded by the Contracting Officer (see 32.607-2). (iv) If a demand for payment was previously issued for the debt, the demand for payment included in the final decision shall identify the same due date as the original demand for payment. (v) Amounts shall be due at the earliest of the following dates: (A) The date fixed under this contract. (B) The date of the first written demand for payment, including any demand for payment resulting from a default termination. (vi) The interest charge shall be computed for the actual number of calendar days involved beginning on the due date and ending on- (A) The date on which the designated office receives payment from the Contractor; (B) The date of issuance of a Government check to the Contractor from which an amount otherwise payable has been withheld as a credit against the contract debt; or (C) The date on which an amount withheld and applied to the contract debt would otherwise have become payable to the Contractor. (vii) The interest charge made under this clause may be reduced under the procedures prescribed in 32.608-2 of the Federal Acquisition Regulation in effect on the date of this contract. (j) Risk of loss. Unless the contract specifically provides otherwise, risk of loss or damage to the supplies provided under this contract shall remain with the Contractor until, a...

Find Active Opportunities Like This

Get AI-powered intelligence on the opportunities still open

Every page of the solicitation package shredded into a compliance breakdown

AI-powered matching based on your capabilities and past performance

Competitor and incumbent history on the requirement

Automated alerts on amendments, Q&A deadlines, and award

Miguel
Hillary
Keith Deutsch
Christine

Join 750+ contractors already using CLEATUS