B-220994: Jan 27, 1986

" (2) AGREES THAT THE STATUTES LEAVE TO THE PROCURING AUTHORITIES THE DECISION AS TO WHAT AMOUNT OF SECURITY IS SUFFICIENT. THE STATUTES PROVIDE FOR SUCH PURCHASES THROUGH A FORMAL ADVERTISING PROCEDURE UNDER WHICH BIDDERS ARE TO ACCOMPANY THEIR BIDS WITH "SUFFICIENT SECURITY" TO GUARANTEE PERFORMANCE OF THE RESULTING CONTRACT. THE STATUTES ARE BASED ON AN 1815 JOINT RESOLUTION OF THE CONGRESS CON...

B-220994: Published: Jan 27, 1986. Publicly Released: Jan 27, 1986.

Pursuant to a congressional staff request, GAO identified means by which the Clerk of the House and the Secretary of the Senate may comply with statutes governing the purchase of stationery for congressional use. GAO determined that: (1) provisions requiring performance bonds from congressional stationery sources do not apply to all items associated with writing and printing, but apply only to ite...