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ACQUISITION & CONTRACTING, FEATURED ARTICLES, Industry Contributor, Industry News, Media Outlet, Op-Ed/Blog

Bankruptcy Pending, But Contractor Still Wins Award

In a recent GAO protest, an unsuccessful offeror challenged just such a determination, saying that there is no way the awarded business could perform because it was nearly bankrupt. But according to the GAO, so long as the agency considered the pending bankruptcy, it was not improper to make an award.

Source: Bankruptcy Pending, But Contractor Still Wins Award – SmallGovCon

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