ASB 2.41% $2.55 austal limited

Good news. It looks like Eastern’s Federal Court action won’t be...

  1. 3,894 Posts.
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    Good news. It looks like Eastern’s Federal Court action won’t be against Austal at all - it’s the US Coast Guard they will have to sue:

    https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/eastern-shipbuilding-to-contest-opc-stage-2-award-in-court-of-federal-claims/

    “...At issue, says Eastern, is the government’s failure to release information in response to the GAO bid protest. It is understood that the information that the USCG refused to disclose, even under a protective order, was the Austal proposal or the agency’s scoring evaluations.”

    “...Eastern’s action in the Court of Federal claims is not an appeal related to the bid protest. It is a new proceeding challenging the agency’s procurement award decision.”


    A great way for Eastern to maintain and further cultivate a good relationship with an existing client (USCG)... not!
 
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