GAO Kills Protest Over $16M Coast Guard Contract

Law360, New York (April 1, 2011, 5:27 PM EDT) -- The U.S. Government Accountability Office said Friday it had denied Facility Services Management Inc.'s protest over a $15.7 million U.S. Coast Guard maintenance contract, saying the Coast Guard acted reasonably when it chose a lower-priced proposal from a more experienced contractor.

FSI held a previous version of the contract, for facility maintenance and repairs at the Coast Guard Yard in Baltimore, and argued that the Coast Guard should have given more weight to its recent experience when evaluating past performance, according to the GAO decision, dated...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.