A company protested the award of a Naval Sea Systems Command contract to a competitor for construction of two fleet oilers, contending that the reasonableness of competitor's pricing was without merit. The record indicates that the agency compared each offeror's manhour and material cost estimates and found competitor's target costs reasonable...

PROTESTER'S CONTENTION THAT AGENCY INADEQUATELY DETERMINED REASONABLENESS OF LOW OFFEROR'S PRICING IS WITHOUT MERIT WHERE RECORD SHOWS THAT AGENCY COMPARED EACH OFFEROR'S MANHOUR AND MATERIAL COST ESTIMATES WITH ITS OWN ESTIMATES AND FOUND THAT. LOW OFFEROR'S TARGET COSTS WERE REASONABLE. THE MAIN THRUST OF BETHLEHEM'S PROTEST IS THAT AVONDALE'S PRICE WAS SO LOW THAT THE NAVY WAS REQUIRED TO CONDU...