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It just isn't H-P's (HPQ -7.9%) day. IBM (IBM +0.5%) has won a protest to overturn a $543M H-P...
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Wednesday, October 3, 2012, 1:09 PM ETIt just isn't H-P's (HPQ -7.9%) day. IBM (IBM +0.5%) has won a protest to overturn a $543M H-P contract to provide wireless tracking solutions for the Department of Veterans Affairs. The U.S. Government Accountability Office ruled the VA "made several prejudicial errors" in awarding the contract to H-P, and ordered the agency to reevaluate proposals, if not re-open bidding.
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“GAO sustained, or upheld, IBM’s protest, finding that the VA had made several prejudicial errors in its evaluation,” White said. “Those errors led to a source selection decision that GAO found was unreasonable since it relied on the erroneous evaluation conclusions to support the award decision.”
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