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...