The benefits of bid protests outweigh costs because protests provide a low-cost way for disgruntled participants to air their complaints, former Office of Federal Procurement Policy Administrator Daniel Gordon says in a paper to be published this year in the Public Law Contract Journal.
But the government shouldn’t investigate procurements unless they are protested, the Gordon, who is currently a George Washington University Law School professor, says.
“In blunt terms, if no one is dissatisfied with the way the government conducted a procurement, then it may not be a wise use of auditors’ time to investigate it,” Gordon writes in the paper.
It’s the bid protest process that gives companies confidence in the integrity of the federal government’s procurement process, the paper says.
Keep reading this article at: http://www.fiercegovernment.com/story/bid-protest-process-cost-effective-way-promote-bidder-confidence-says-gordo/2013-06-20
Downlo0ad pre-publication copy or Gordon’s paper at: http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2228748_code810317.pdf?abstractid=2228748&mirid=1