B-213313:
Apr 24, 1984
A firm protested the rejection of its bid under a Navy solicitation. The Navy rejected the bid because one of the sureties listed on the protester's bid bond: (1) did not have a sufficient net worth because of other obligations; and (2) failed to disclose information bearing on its net worth. The protester contended that the Navy's inquiry into the surety's net worth was arbitrary and conducted in...