Horizon Shipbuilding, Inc., B-292992, December 8, 2003
B-292992: Dec 8, 2003
DIGEST Agency reasonably found protester's proposal unacceptable where protester's purported individual surety bid bond contained an ambiguity as to the identity of the surety and where the bond was not accompanied by Standard Form 28. The Corps rejected Horizon's proposal on the ground that the firm's bid guarantee was unacceptable. Was acceptable in all respects and alternatively argues that if the agency had any concerns about the bid guarantee. The agency should have provided protester with an opportunity to address any perceived deficiency. The protest is denied. Offerors choosing to obtain bonding were required to furnish with their proposals a bid guarantee in the lesser amount of 20 percent of the offeror's proposed contract price or $3 million.See RFP.