Yeah, I think you will be challenged at the manufacturing level on this one, TexasRotorHead. I can even hear the odd machinist screaming!
You're talking a narrow bore diameter (54 - 62 mm) with significant reach (1.0 m). There is also a hardness issue, HRc 60. A few things come to mind:
1) Narrow bore means lack of chip flow due to choking. You will need to go slowly on this and provide a means for coolant flow from the ID of the piece.
2) Length of reach imparts cantilever of the tooling. To counteract this you will need to use a heavy boring bar set up, one with devibration. These are usually quite heavy, but you are restricted by ID. Big problem. So your cuts are going to be very light. Note also the issue of cantilevering will impart tolerance errors. I hope you leave a generous range of possible ID for the design to work.
3) Hardness of the material will mean tool wear, possible insert breakage on a frequent basis. Again, buddy will need to take light and long cuts in order to hit the required tolerances. This also blends into the chip flow and cantilever argument above.
I would say this would be a tough machining problem. You are going to get hit with manufacturing costs, typically $US150.00/hours for the machine, $US60.00 machine shop time plus manufacturing setup and costing for tooling required to complete the job. These add up and are in addition to material cost and tertiary manufacturing processes required as specified by the print.
In agreement with DesertFox, send this out to at least three shops and take into consideration the quality of work and capacity to do a decent job. The cheapest isn't the best, I found it handy to heavily consider the top end cost ones as where the project will reasonably land.
Good luck with it.
Kenneth J Hueston, PEng
Principal
Sturni-Hueston Engineering Inc
Edmonton, Alberta Canada