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<abstract>1.  Agency&apos;s assessment of an offeror&apos;s proposal as entailing
&quot;moderate&quot; proposal risk under a single evaluation factor does not 
mandate an upward adjustment of the offeror&apos;s proposed costs where the 
record reflects that the agency reasonably considered the aspect of 
the offeror&apos;s proposal which it assessed as entailing &quot;moderate&quot; risk 
and determined that no cost adjustment was warranted.&lt;p/&gt;2.  New and independent grounds of protest concerning specific aspects 
of the agency&apos;s cost realism analysis and proposal risk assessment are 
untimely where the protester knew, or should have known, of these 
protest bases upon its receipt of the agency report, but first raised 
these bases of protest in a supplemental protest and in its comments 
on the agency report filed more than 14 days after the protester&apos;s 
receipt of the agency report.</abstract>
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