Top Ten Things Every Government Contractor Should Know About Bid Protests

As government contracting continues to become more competitive in response to shrinking budgets for federal contracts, more disappointed offerors are pursuing bid protests to protect their interests. After climbing rapidly through the mid-2000s, federal government spending on contracts reached a high of almost $541 billion in Fiscal Year ("FY") 2008. Since then, spending has dropped to $517.1 billion in FY 2012 and continued to decline in FY 2013. As contractors fight to maintain their piece of the federal procurement budget, it is increasingly important for these contractors to understand their options for challenging agency procurement decisions through bid protests.

1. Interested Party/Standing