B-230979:
Jun 20, 1988
A firm protested the Navy's rejection of its low bid for hangar construction as nonresponsive, contending that the letter of credit it submitted with its bid complied with the solicitation's bid guarantee requirements. GAO held that the Navy properly rejected the bid as nonresponsive, since the bid guarantee failed to establish the surety's liability under a firm commitment as required. Accordingl...