Bid Bonds Sufficient To Cover Contemplated 13 Month Contract Period
B-187843
Jan 25, 1977
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Highlights
The third low bidder for janitorial services alleged that penal sums of the bid bonds of the two highest bidders were inadequate for a 5-year option period. The solicitation contemplates a 13-month performance period. Bid bonds are sufficient to cover this period, since exercise of Government option to renew is contingent.