|
What
do the letters "BCO" mean?
BCO-inc. was founded by a group formerly
employed at the RCA facility in Burlington MA, which later merged into GE
Aerospace and then Martin Marietta. In 1994, the Burlington facility
was closed and moved to Martin Marietta, now Lockheed Martin, in Florida.
The final activity at the Burlington facility was known as the "Burlington Center
Operations", or BCO. The BCO-Inc.
founders retained that name and formed an independent corporation at our
present location, 799 Turnpike Road in Billerica, MA. Our initial workload was largely a spin-off from unfinished ATE hardware and
software tasks resulting from the Burlington shut down. Since that meager beginning,
our staff, the products, and the
customer clientele has flourished. Today we just go by the title
BCO-Inc. To our customers and our
staff, it means more every day!
What is LORAN and why is it being upgraded?
Isn't Loran obsolete because of GPS?
Loran is a
navigational guidance system used by ships at sea or inland waterways, aircraft, and even
land-based vehicles such as trucks. The Loran transmitters are
located around the nation as well as around the globe, in groups of
stations that form Loran "Chains". Each Transmitter station emits a
sequence of shaped "Pulses", so that
Loran Receivers can establish multiple reference transmitters and determine global position coordinates by
the pulse time
differences (triangulation).
The Loran
system is not obsolete, but serves as a complementary backup for the GPS
satellite positioning system. There is a large investment
in Loran receiving equipment and Loran will be viable for years.
The Coast
Guard has been upgrading its transmitter sites with newer, solid state
equipment for some time. The current upgrade project, called Loran
C Transmitter Accufix 7500, includes the BCO-Inc
Transmitter Control Subsystem (TCS) which provides state of the art
control and monitoring for the Loran pulses, complete redundancy, and
protection against single-point-failure. A major objective of the update is the ability to operate Loran Transmitter sites from a remote location,
thereby eliminating the current around-the-clock need for on-site
operators.
Megapulse
Inc installed the original Loran Transmitter stations and is the prime
contractor for Loran Station upgrades
What is Contract Closeout and why is that a
specialty?
There is general belief that a contract is completed when final
delivery is made of the required goods and services and the Government has
made acceptance and final payment to the contract. However, in the
administrative contracting arena, a contract is not complete and ready for
closeout until the contractor complies with all the terms of the
contract. This includes those administrative actions that are
contractually required; i.e. financial, property, security, patents and royalties.
Closeout is completed when all administrative
actions have been satisfied, all disputes settled, and final payment has
been made. The process can be simple or complex depending on the
contract type. Contract closeout requires coordination and agreement between the
contractor and government Contracts, Finance, Program and Auditing
offices.
BCO-Inc. developed
experience and skills in financial consultation and contract closeout
specialization under subcontract to major defense industry companies
following the business spin-off from its Burlington Center Operations
genesis. Our expertise stems from knowledge of how major contracts
are set up, how accounting practices are traditionally executed, and how
outstanding commitments and obligations can be satisfied even after years
of corporate and personnel turn-over. Our business brings
completed contracts to satisfactory closure, frequently with
bonus savings and unexpected returns for the customer.
|