A Day Early Is Too Late
Client Alert | less than 1 min read | 09.29.04
In Guam Shipyard [September 16, 2004], GAO held that a protest of the terms of an RFQ was untimely when it was transmitted to GAO the day before quotes were due, but that day was a federal holiday. GAO acknowledged that the protester had sent the protest to GAO on July 5 by both facsimile and e-mail, and that GAO had received both on that day; however, because documents are considered filed only on days when GAO is open for business, the protest was not deemed filed until 8:30 am on July 6 -- the same day, but several hours after, quotes were due in Japan.
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As a founder, your days are packed — building product, managing people, and trying to grow fast enough to stay alive. It’s easy for the end of the fiscal year to sneak up on you. But year-end board meetings are one of your best opportunities to show investors that your company is operating effectively and that you’re a thoughtful, disciplined leader.
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