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B-178530,B-178602,B-178606,B-178701 1 (1973-07-23)

handle is hein.gao/gaobaacxt0001 and id is 1 raw text is: i-- COMP'rHOLLER GENERAL OF THL UNITED STATES WASHINGTON D.C. 1t*43 E-r(8530; B.-78602; B-1786061 B-178701 JUL 2 3 1973 Jet3ervicea, Inc. 2721 Pork Street Jacksonvifle, Florida 32205 QS 0 f Attentions ?r. Thmas F. Gibbs Vice President (entlemen: Reference is mwtd to your letter cf June 19, 1973, and prior correspondence, concerning your/protest against afloged excessive bonding requireentsunder Depairnent of the Air Force invitations for bids (M) ,os.O cT6-773-B-0095, F09650-73--0525, FI6O2-73-0 B-063B and FO5600-73-B-0387, israed by Moody Air Force Base, Georg1a, Robins Air Force Base, Georgia, Chanute Air Force Base9 Iflinoim, and lovry Air Force Basc, Colorado, respectively, The Air Force has ad- vieed our Office that it found it necessary to nake awards under the subject invitations prior to the resolution of your protests by our Office. Each of the subject invittions covered the procurement of food handling services ahich wdro set aside for mma. business and each invitation contained requirements for a 20-percent bid bond, 100-percent performance bond and a 50-percent palnment bond. It is reported that on ay 2, 1973, the respective contreating officers reevaluated the performance and payment bond requirements set forth in the cited invitations and they subsequently determined that such requirements could be reduced to penal amounts of 25 percent for the performance bond and 25 percent for the payment bond. You contend that the bonding requirements in the invitations in queation are excessive. You maintain that for service contracts, the penal amcunts should be as folowa: 10 percent for bid a per- formance bonds, and a penal mfn not In excess of 5 percent for pay- ment bonds. You state that your firm, as well as other smafi business qcnpetitors, entem perhaps 15 bids in order to get one or two awards and because of this need for a multiplicity of almost simultaneous offers, and the fact +at the bond underwrtter appraises the totAl of the pena ss of &l extant bonds agat the net worth of the

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