B-224257:
Jan 8, 1987
A firm protested the Navy's rejection of its low bid for painting family housing units as nonresponsive due to a defective bid bond. The Navy argued that the protest was untimely. The protester contended that: (1) the fact that the bank addressed the letter of credit to it was a minor informality; and (2) the bank clearly issued the letter, a photocopy, as a bid guarantee. GAO held that: (1) the p...