B-204582: Mar 1, 1982

A firm protested the cancellation of an invitation for bids issued by the Naval Regional Contracting Office. The lowest bid was submitted by the protester, but its price was over the Navy's budgeted amount for the procurement and the Navy canceled the procurement. The protester contended that the Navy did not have a compelling reason to cancel the IFB after bid opening, because it was neither nece...

B-204582: Mar 1, 1982

BIDS - INVITATION FOR BIDS - CANCELLATION - AFTER BID OPENING - INSUFFICIENT FUNDING - SUFFICIENT FOR PARTIAL QUANTITY A CONTRACTING AGENCY MAY PROPERLY CANCEL A SOLICITATION AFTER BID OPENING WHERE IT DETERMINES THAT SUFFICIENT FUNDS ARE NOT AVAILABLE FOR AWARD OF THE TOTAL QUANTITY ADVERTISED. BIDS - INVITATION FOR BIDS - AWARD PROVISIONS - LESSER QUANTITY AWARD RIGHT - INSUFFICIENT FUNDING FOR...