Requesting Entity: Diomar Trading

Issues Concern: Factor “K” in the NFCC Computation

Details

Whether the factor “K” in the NFCC Computation refers to the duration of the contract similar in nature to the contract to be bid or the duration of on-going contracts.

[T]he value of “K” shall be based on the duration of the contract under consideration, or the would-be contract subject of the bidding opportunity.