[Protest of Bid Rejection]

B-210496: Feb 1, 1983

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A firm protested the rejection of its bid by the Federal Deposit Insurance Corporation (FDIC), a mixed-ownership Government corporation. GAO stated that, since it has no authority to settle and adjust accounts of mixed-ownership Government corporations, it would be unable to effect remedial action even if warranted. Therefore, GAO declines to consider any bid protests relative to FDIC operations. Accordingly, the protest was dismissed.