A firm protested a contract award by the Federal Reserve Bank of Boston. GAO held that its bid protest jurisdiction does not extend to the Federal Reserve System. Accordingly, the protest was dismissed...
GAO'S BID PROTEST JURISDICTION IS BASED UPON ITS ACCOUNT SETTLEMENT AUTHORITY. ALTHOUGH GAO IS REQUIRED TO AUDIT THE ACCOUNTS OF FEDERAL RESERVE SYSTEM BANKS. GAO WILL NOT DECIDE A PROTEST AGAINST A CONTRACT AWARD BY A FEDERAL RESERVE SYSTEM BANK. 2. WHERE IT IS CLEAR FROM A PROTESTER'S INITIAL SUBMISSION THAT THE PROTEST INVOLVES MATTERS WHICH GAO DOES NOT CONSIDER. GAO WILL DISMISS THE PROTEST W...