WASHINGTON (May 20, 2017) – President Trump and Saudi King Salman signed a nearly $110 billion defense capabilities package in a significant expansion of the more than seven-decade long security relationship between the United States and the Kingdom of Saudi Arabia.
These capabilities will be conveyed via Foreign Military Sales (FMS) Letters of Offer and Acceptance (LOA). Potential future defense capabilities are detailed in a Memorandum of Intent (MOI) to support Saudi Arabia's defense needs.
Article Sourced From:
IHS Jane's Defence Weekly Dec 15, 2016
WASHINGTON, November 8, 2016 -- The Defense Security Cooperation Agency (DSCA) announces sales of $33.6 billion for Fiscal Year 2016. The total sales include $2.9 billion of Foreign Military Financing-funded cases; $5.0 billion in Building Partner Capacity-funded cases; and $25.7 billion funded by partner nations.
The COR shall maintain a COR Folder that includes evidence of receipt, acceptance, payment and performance.
An offeror, upon its written request, received by the agency within three days after the date on which that offeror has received notification of contract award, in accordance with FAR 15.506, shall be debriefed and furnished the basis for the selection decision and contract award.
The Contracting Officer shall release the appropriate post award notices. These notices include the Notice to Unsuccessful Offeror, Award Notice, etc.
A Contracting Officer Representative (COR) is an employee of the requiring activity designated by the Contracting Officer to perform contract administration activities and must be designated prior to the award of a contract. The COR must be nominated in the CORT Tool in the WAWF eBusiness Suite. The nomination is created by the COR and approved by the COR Supervisor. Once the nomination is complete, the COR will be appointed by the Contracting Officer.
Report all contractual actions, including modifications that have a face value, excluding unexercised options of more than $7M.