Narrow by location

Highly Anticipated Report on Bid Protests is Finally Here!

Economic

By

RAND Corporation recently issued its much-anticipated report on the prevalence and impact of bid protests. The report, which was issued at the direction of Congress, contains a plethora of important—and interesting—findings, including:

  • Despite a “steady increase” in bid protests filed between fiscal years 2008 and 2016, “[t]he share of contracts protested remains very small—less than 0.3 percent.”
  • A “concern” shared by federal contractors “was the quality of post-award debriefings.” According to the report, “[t]he worst debriefings were characterized as skimpy, adversarial, or evasive and failed to provide reasonable responses to relevant questions.”
  • “[S]mall protest rates per contract imply that bid protests are exceedingly uncommon for DoD procurements.”
  • “Task-order protests have a slightly higher effectiveness rate than other types of protests.”
  • “The stability of the bid protest effectiveness rate over time—despite the increase in protest numbers—suggests that firms are not likely to protest without merit.”
  • “Cases in which legal counsel is required (i.e., a protective order was issued by GAO) have higher effectiveness and sustained rates.”

A complete copy of the report is available here.

Q4 Economic Outlook Forecasts 7.9% Growth in Equipment and Software Investment in 2018

After solid growth in 2017, investment in equipment and software should remain strong in 2018 and is projected... »

Emergency Declaration Permit Extensions for Florida Property Owners, Developers, and Builders

By Vivien Monaco, Burr Forman In the aftermath of Hurricane Michael, there will be many development projects delayed... »

August Architecture Firm Billings Rebound As Building Investment Spurt Continues

Architecture firm billings rebounded solidly in August, posting their eleventh consecutive month of growth, according to a report... »

ABC’s Construction Backlog Indicator Hits a New High in Second Quarter of 2018

Associated Builders and Contractors reports that its Construction Backlog Indicator expanded to a record 9.9 months during the... »

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *