B-272430: Oct 8, 1996

A firm protested the Army Corps of Engineers' rejection of its bid and subsequent contract award for dormitory construction, contending that the Corps improperly rejected its bid as nonresponsive, since the facsimile copy of its bid bond met the solicitation's requirements. GAO held that the: (1) facsimile copy of the bid bond did not satisfy the bid bond requirement, since the original bond could...

B-272430: Oct 8, 1996

Facsimile copy of a bid bond is of questionable enforceability and renders bid nonresponsive. Its bid was rejected as nonresponsive. Award was made to Godot . Richards argues that its bid should not have been rejected under the circumstances here. A bid bond is a form of bid guarantee designed to protect the government's interest in the event of default. A requirement for a bid bond is a material...