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B-284691 1 (2000-05-12)

handle is hein.gao/gaocrptalba0001 and id is 1 raw text is: tGAO United States General Accounting Office Washington, DC 20548 Decision Matter of: Overstreet Electric Company, Inc. File: Date: Comptroller General of the United States B-284691 May 12, 2000 Timothy A. Sullivan, Esq., Starfield & Payne, for the protester. Robert W. Pessolano, Esq., Department of the Army, for the agency. Katherine I. Riback, Esq., and James Spangenberg, Esq., Office of the General Counsel, GAO, participated in the preparation of the decision. DIGEST Agency's cancellation of solicitation after bid opening on the basis that all bids received are unreasonable in price is proper where the protester's low bid exceeded the government estimate by 32 percent and the protester has not shown that the government estimate was materially understated. DECISION Overstreet Electric Company, Inc. protests the cancellation of invitation forbids (IFB) No. DACW27-00-B-0002, issued by the United States Army Corps of Engineers. The Army canceled the IFB because it determined that the bids received were unreasonably high as compared to the government estimate. Overstreet contends that the government estimate was unreasonably low. We deny the protest. The Army issued the IFB on December 6, 1999 for the rehabilitation of the Little Calumet River pump stations. At the January 5, 2000 bid opening, the Army received three bids. The three bids and the government estimate, without profit, were as follows: Overstreet Bidder A Bidder B Government Estimate $4,638,400 $4,773,545 $4,827,770 $2,915,265

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