[Protest of Panama Canal Commission Contract Award for Insurance Broker Services]

B-261548: Sep 27, 1995

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A firm protested a Panama Canal Commission (PCC) contract award for insurance broker services, contending that PCC: (1) misevaluated its bid; (2) should have awarded it the contract, since it was the technically superior bidder; and (3) conducted unequal and misleading discussions. GAO held that PCC: (1) reasonably evaluated the protester's bid in accordance with the stated evaluation criteria; (2) reasonably awarded the contract to the awardee, since the protester's technical superiority was not worth its higher price; and (3) conducted proper discussions with the bidders. Accordingly, the protest was denied.

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