Summary

GAO BELIEVES THAT AGENCY'S DOWNWARD REVISION OF ESTIMATE AFTER BID OPENING WAS REASONABLE AND JUSTIFIED CONCLUSION. 2. GAO CONCLUDES THAT PROTESTERS HAVE FAILED TO PROVE AGENCY'S REVISED ESTIMATE IS INACCURATE. GAO FURTHER NOTES THAT LOWEST ELIGIBLE BID WOULD STILL BE 22 PERCENT HIGHER EVEN IF REVISED ESTIMATE WERE CHANGED IN ACCORDANCE WITH PROTESTERS' CONTENTIONS. 3. GAO CANNOT DISREGARD FACT THAT LOW BID WAS 13.3 PERCENT HIGHER THAN AGENCY'S ORIGINAL ESTIMATE. POSSIBLE RESULTS OF RECOMPETITION HAVE NO BEARING ON PROPRIETY OF CANCELLATION OF SOLICITATION. THE SOLICITATION WAS FOR THE CONSTRUCTION OF ROADS FOR THE REMOVAL OF TREES IN THE DAVIS MOUNTAIN AREA. 514.50 BECAUSE SK'S BID WAS SIGNIFICANTLY BELOW URECO'S.