RENOVATION OF BQ BUILDING #722 AT CFA CHINHAE

The U.S. Navy, through Navfacsyscom Far East, has awarded a firm-fixed-price contract to Barun Industrial Development Inc. for the renovation of Building #722 at CFA Chinhae, Korea, in the amount of $214,889.49. The work is to be performed in accordance with the Statement of Work dated 27 May 2026 and supporting drawings NAVFAC DWG/SKETCH #17369548–17369551, with all deliverables meeting mandatory technical requirements specified in Attachment 1. Performance must be completed within 180 calendar days after award, and work is to commence no later than 45 calendar days after issuance of the notice to proceed. The place of performance is Changwon-Si, Gyeongnam, with FOB Destination terms applying. Despite the contract value being denominated in U.S. dollars for administrative purposes, all payments will be made in Korean Won via Electronic Funds Transfer, requiring the contractor to submit a bank-signed EFT form from a Korean financial institution prior to contract execution—failure to do so renders an offer nonresponsive. The solicitation, numbered N40084-26-Q-4018, was issued under NAICS code 238990 with no set-aside, and award was based solely on lowest price among responsive and responsible offerors who met all mandatory pass/fail criteria: active SAM registration, compliance with technical specifications, and pricing exclusively in Korean Won. Contract compliance is governed by numerous Federal Acquisition Regulation and Defense Federal Acquisition Regulation Supplement clauses, including stringent cybersecurity mandates under DFARS 252.204-7021, requiring adherence to CMMC Level 1 or higher for the protection of Controlled Unclassified Information, with annual affirmations submitted in the Supplier Performance Risk System. The contractor must also comply with anti-kickback, contingent fee, and whistleblower protections, and is obligated to report executive compensation and first-tier subcontract awards. Subcontracting is limited under FAR 52.219-14, and all government property must be properly managed and reported under FAR 252.245-7005. The contract incorporates oversight requirements for transportation by sea, contract modifications, and levies on payments, along with overseas choice of law provisions. Paperless administration is mandated, with the government using Microsoft Office, Adobe Acrobat