DOES NOT REQUIRE GOVERNMENT TO MAKE AWARD AT UNREASONABLE PRICE SIMPLY BECAUSE FUNDS ARE AVAILABLE. 2. DEFENSE ACQUISITION REGULATION PERMITS CONTRACTING OFFICER TO REJECT INDIVIDUAL BIDS AND/OR TO CANCEL SOLICITATION IF BIDS ARE UNREASONABLE. GAO CANNOT CONCLUDE THAT CONTRACTING OFFICER WAS UNREASONABLE IN REJECTING BASE BID WHICH WAS 140 PERCENT OF GOVERNMENT ESTIMATE. WHICH THE NAVY ADVISES US...

A firm protested the Navy's rejection of its bid for roof repair and renewal and also protested any readvertisement of the project. The protester argued that its bid was improperly rejected despite the fact that it was substantially in excess of the Government estimate for the work. The protester based its protest on two clauses in the solicitation. The first provision, Evaluation of Bids, stated...