B-180955: Jul 25, 1974

SINCE BID GUARANTEE REQUIREMENT IS MATERIAL AND HAS APPLICATION IN NEGOTIATED PROCUREMENT. WHERE PROTESTER FAILED TO FURNISH BID GUARANTEE WITH BID SUBMITTED IN FORMALLY ADVERTISED PROCUREMENT AND UPON SUBSEQUENT NEGOTIATIONS FOR SAME REQUIREMENT REPEATEDLY FAILED TO FURNISH SATISFACTORY GUARANTEE AND WAS ALSO UNSUCCESSFUL IN OBTAINING ASSISTANCE FROM THE SBA. AMPLE OPPORTUNITY WAS PROVIDED TO PER...

B-180955: Jul 25, 1974

A firm protested the rejection of its proposal under an Atomic Energy Commission (AEC) procurement. The firm contended that the bid guarantee requirement of the solicitation was restrictive and that the government awarded the contract before permitting it to exhaust its efforts to secure bonding. The protester's bid was the lowest bid received. The other offerers were rejected as being either nonr...