Law360, New York ( April 22, 2014, 12:51 PM EDT) -- It is relatively rare for bid protests filed with the Government Accountability Office to be resolved through a settlement agreement between the procuring agency and the protester. Usually, the protest is resolved by the agency voluntarily taking corrective (sometimes after the GAO has conducted outcome-prediction alternative dispute resolution) or by the GAO issuing a decision sustaining or denying the protest. Contractors who do attempt to settle their bid protests with the procuring agency in exchange for receiving a future contract award, however, need to be cautious because, as demonstrated by a recent GAO decision, the agency may not have the legal authority to grant the contractor the relief provided for in the settlement agreement....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.