B-183192:
Jul 17, 1975
"AS IS. " STIPULATES GOLD OF 999 OR BETTER FINENESS BID FOR ONE THOUSAND FINENESS PROPERLY WAS REGARDED AS NON-RESPONSIVE DESPITE BIDDERS' SUBSEQUENT WAIVER OF PRICE ADJUSTMENT FOR IMPURE GOLD. GSA INDICATED THAT THE REASONS FOR REJECTING THE PROTESTER'S BID WERE TWOFOLD. THE BID OF $42.22 WAS TOO LOW FOR AWARD. AS THE CUTOFF PRICE WAS $153 PER FINE TROY OUNCE. THE PROTESTER'S BID FOR GOLD "ONE TH...