Alleged Misinterpretation of Cost Ceiling on Employee Stock Ownership Plan

A company requested reconsideration of a prior decision denying its protest of a proposed contract award and contended that GAO misinterpreted the legal effect of a cost ceiling on its Employee Stock Ownership Plan. The Board of Contract Appeals decision cited by the company was not relevant to the facts, and the cost ceiling did not apply to all labor costs. The prior decision was affirmed.