PROTESTS INVOLVING PANAMA CANAL COMPANY'S PROCUREMENTS ARE NOT CONSIDERED BY GAO SINCE BID PROTEST JURISDICTION IS BASED ON ACCOUNT SETTLEMENT AUTHORITY AND PANAMA CANAL COMPANY'S ACCOUNTS ARE NOT SUBJECT TO SETTLEMENT BY GAO. 31 U.S.C. 71 GIVES GENERAL AUTHORITY TO THE GENERAL ACCOUNTING OFFICE TO SETTLE AND ADJUST ALL ACCOUNTS IN WHICH THE UNITED STATES IS CONCERNED. PROVIDE ONLY FOR CONSIDERATI...
Company protested pumping equipment procurement by Panama Canal Company. Panama's accounts are not under GAO's settlement authority, which is the basis for bid protest jurisdiction; therefore, bid cannot be considered...
