Protest Against Rejection of Bid
B-176392
Published: Oct 10, 1972. Publicly Released: Oct 10, 1972.
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Highlights
A company protested the rejection of its bid as nonresponsive for failure to comply with bid guarantee provisions of the solicitation to possess a certain net worth. The matter of the net worth of an individual surety does not relate to the responsiveness of a bid but to the responsibility of the surety. The protester's bid may be considered if a review discloses that the bid is, in fact, supported by at least two individual sureties possessing the requisite net worth. A protest with regard to the amount of the bid guarantee was untimely.