XO Communications, Inc., B-290981, October 22, 2002 * REDACTED DECISION
B-290981: Oct 22, 2002
DIGEST Agency reasonably determined that protester was nonresponsible where. The contracting officer had recognized the implications of an anticipated bankruptcy filing and reasonably concluded that it was unlikely that the bankruptcy reorganization plan would significantly reduce the financial risk. The bankruptcy reorganization was itself likely to create contract performance risk. XO objects to the agency's determination that XO is not a responsible prospective contractor. XO and Qwest were the only offerors to submit proposals by the September 24 closing date. Final proposal revisions were requested on February 28. Were received from both offerors on March 7. Which was the only responsible offeror.