B-189363:
Aug 8, 1977
The protester objected to the award to another bidder of certain quantities of scrap metals under a surplus sale contract, alleging that their insurance carrier erroneously issued a bond for $50,000 total bid coverage instead of $50,000 deposit coverage incident to this sale. Although they were the high bidder, the protester was denied the award of any amount in excess of their bid bond. The award...