https://www.gao.gov/products/130987

B-224390: Sep 10, 1986

A firm protested the Army's rejection of its low bid as nonresponsive, contending that its bid bond implied an obligation consistent with the required form for bid bonds and the Army should have awarded it the contract. GAO found that: (1) the solicitation cautioned that failure to furnish a bid bond in the proper form and amount might warrant rejection of the bid; (2) the protester did not submit...

https://www.gao.gov/products/483135

B-224390: Sep 10, 1986

THE CORPS REJECTED THE BID BECAUSE IT DETERMINED THAT JOHNSON'S BID BOND WAS DEFICIENT. BIDDERS WERE ADVISED TO USE STANDARD FORM 24 (SF-24) /1/ FOR BID BONDS OR TO PROVIDE OTHER FIRM COMMITMENTS SUCH AS CERTIFIED OR CASHIERS CHECKS OR IRREVOCABLE LETTERS OF CREDIT. JOHNSON WAS THE APPARENT LOW BIDDER AT $204. WAS SECOND- LOW BIDDER AT $223. THE CORPS DETERMINED THAT THIS BOND WAS UNACCEPTABLE BEC...