B-141637: Mar 03, 1960

THERE IS ENCLOSED A COPY OF OUR LETTER OF TODAY TO THAT FIRM. YOU WILL NOTE THAT NOTWITHSTANDING THE INVITATION REQUIRED A BID DEPOSIT EQUAL TO A STATED PERCENTAGE OF THE TOTAL AMOUNT BID. WE HAVE CONCLUDED THAT. THE ABSENCE OF LIMITATIONS SUCH AS ALL OR NONE PROVISONS OR WHERE AWARD SPLITTING IS IMPRACTICABLE. A BIDDER WHOSE DEPOSIT IS DEFICIENT MAY BE AWARDED ITEMS NOT TO EXCEED THE AMOUNT ADEQU...

B-141637: Mar 03, 1960

BIDS - INSUFFICIENT BID SECURITY - ACCEPTANCE OR REJECTION - SURPLUS SALES A BID DEPOSIT WHICH WAS NOT IN AN AMOUNT SUFFICIENT TO COVER ALL THE ITEMS OF SURPLUS GOVERNMENT PROPERTY BID UPON AS REQUIRED BY THE INVITATION. WHICH WAS SUFFICIENT TO COVER THOSE ITEMS AND QUANTITIES ON WHICH THE BIDDER WAS THE ELIGIBLE HIGH BIDDER. DOES NOT REQUIRE REJECTION OF THE BID FOR INSUFFICIENT BID SECURITY WHEN...