https://www.gao.gov/products/443164

B-184757: Sep 16, 1975

WHERE CONTRACT WAS AWARDED FOR 1964 DODGE DUMP TRUCK AT PRICE OF $2. REQUEST FOR RESCISSION OF SALES CONTRACT MAY BE GRANTED SINCE UPSET PRICE OF TRUCK WAS $1. NEXT HIGHEST BID PRICE WAS $839.50. CONTRACTING OFFICER WAS ON CONSTRUCTIVE NOTICE OF POSSIBLE ERROR IN BID AND SHOULD HAVE REQUESTED VERIFICATION PRIOR TO AWARD. WHICH OFFERED 55 VEHICLES ("AS - IS. WHERE - IS"). WAS ISSUED ON MAY 12. THE...

https://www.gao.gov/products/097527

B-184757: Sep 16, 1975

The agency recommended rescission of a sales contract after the contractor alleged an error in its bid. The rescission was allowed because the bid price was almost three times higher than the second high bid, and the contracting officer was on constructive notice of a possible error in the bid but did not request verification prior to award...