B-201833:
Jun 9, 1981
A firm questioned the reasonableness of an estimate for an invitation for bids (IFB) on a readvertised solicitation. In response to the original solicitation, the agency received only one bid which was over 90 percent higher than the Government estimate. Consequently, the bid was rejected and the work scheduled to be readvertised. Two bidders responded to the second bid but, subsequent to the bid...