https://www.gao.gov/products/138522

B-234123: Apr 25, 1989

A firm protested a Navy contract award for military construction projects, contending that the: (1) awardee's individual sureties misrepresented their net worth and property ownership; and (2) Navy acted in bad faith in failing to verify the awardee's bid bond. GAO held that it would not review the protest, since the: (1) protester failed to show that the Navy's affirmative determination of the aw...

https://www.gao.gov/products/437576

B-234123: Apr 25, 1989

Procurement - Sealed Bidding - Bid guarantees - Sureties - Acceptability General Accounting Office will not disturb agency's determination that individual sureties are acceptable where record does not show that determination was made in bad faith. There was no information available to contracting officer prior to award that should have prompted her to undertake independent investigation of suretie...