GlobalX Protests DREN Ruling

Files a protest with the GAO over its ruling that GlobalX would not be considered for the Defense Research and Engineering contract

April 15, 2002

1 Min Read

MADISON, N.J. -- Global Crossing today announced that it hasfiled a protest with the U.S. General Accounting Office (GAO) regarding its ruling that Global Crossing would not be considered for award of the Defense Research and Engineering (DREN) contract. On April 4, 2002, Global Crossing received notification from the GAO that it is "ineligible for award” due to its current financial situation.The DREN contract was awarded to Global Crossing in July 2001, but wasre-bid to address procedural issues after unsuccessful bidders contested theresults."We were originally awarded the contract based on the merits of ourtechnologically superior solution, cost-effectiveness and our experience offering similar services to other large customers,” said John Legere, chief executive officer of Global Crossing. “It is our contention that we met all of the stated criteria for demonstrating financial responsibility, and we therefore should have been considered for the contract.”Global Crossing Ltd.

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