Southwest Marine, Inc.
Southwest Marine, Inc. appealed a decision regarding the quantum due to the Navy from debt concessions related to a fixed-price incentive contract for the overhaul of the USS DULUTH. The Board ultimately awarded the government $1,104,479 plus interest.
Material Facts
- The contract was a fixed-price incentive contract for the overhaul of the USS DULUTH.
- The Navy's claim arose because it reimbursed NMIW for costs up to the ceiling price, which were not incurred due to debt concessions.
- Southwest Marine, Inc. is the successor in interest to Northwest Marine Iron Works.
- The Board held a three-day hearing in May 2009 to determine the quantum.
- The government claimed an amount of $1,174,190 plus interest, which was reduced from an initial claim of $1,407,408.
Parties
- Appellant
- Southwest Marine, Inc.
- Respondent Agency
- Navy
- Contract Number
- N00024-85-C-8506
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