A firm protested an Air Force contract award for relays as a small business set-aside, contending that the: (1) awardee's price was more than the fair market price; and (2) Air Force should have cancelled the procurement and resolicited on an unrestricted basis. GAO held that the Air Force: (1) reasonably determined that the awardee's price did not exceed the fair market price; and (2) properly re...

PROCUREMENT - Socio-Economic Policies - Small business set-asides - Use - Administrative discretion DIGEST: Protest that agency improperly awarded a contract for electrical relays under a small business set-aside to a firm that proposed a price allegedly in excess of the item's fair market price is denied. Was reasonable. Artisan argues that the contract price is more than the fair market price of...