B-176466: Dec 20, 1972

DID NOT POSSESS THE FINANCIAL STRENGTH TO PERFORM A MULTI YEAR CONTRACT FOR TRANSDUCERS AND PARTS AT THE LOW PRICE BID IS A DETERMINATION THAT IS WITHIN THE CONTEMPLATION OF PARAGRAPH 1-902 OF THE ARMED SERVICES PROCUREMENT REGULATION (ASPR) TO THE EFFECT THAT ANY DOUBT AS TO THE FINANCIAL STRENGTH OF A BIDDER THAT CANNOT BE RESOLVED AFFIRMATIVELY REQUIRES A DETERMINATION OF NONRESPONSIBILITY. THA...

B-176466: Dec 20, 1972

A company protested the determination that it was not a responsible bidder, contending that the procuring activity's conclusion that its bid price would result in a loss was erroneous and that the agency should have accepted its cost projections. Since the agency was not required to order the total four-year quantity, computation of the costs on a yearly basis was proper and realistic. The agency'...