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 <title>Valentec Systems, Inc.</title>
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<abstract>1.  Protest that contracting agency improperly allowed a directed
source subcontractor that was also competing as a prime contractor to 
obtain an unfair competitive advantage is denied where the record 
shows that the contracting agency met its responsibility in such 
situations to ensure that all offerors are competing on an equal 
basis, and where any prejudice that the protester may have suffered 
was a result of its decision to ignore the solicitation&apos;s explicit 
instructions for preparing its price. &lt;p/&gt;2.  Contracting agency was not required to conduct a cost analysis of 
offerors&apos; proposals even though offerors were required to submit cost 
and pricing data where the contracting officer reasonably determined 
that there was adequate price competition, and where the solicitation 
specifically advised that award of the fixed-price contract would be 
on a &quot;price-only&quot; basis, with the only cost analysis to occur after 
award, pursuant to a reopener provision.
3.  Protest that the contracting agency and the directed source 
subcontractor knew that the solicitation&apos;s surrogate price for the 
directed subcontract was unreasonably high is dismissed as untimely 
where the protester was provided information prior to submitting its 
best and final offer that triggered its duty to raise this issue at 
that time. </abstract>
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