My firm is considering an agency-level protest after a recent federal award for court reporting services, NAICS 561492. It was an SDVOSB set-aside. We received our postaward debriefing last week, and the contracting officer stated our price was too high based on the independent government estimate. We think the IGE was flawed, and we were the only other offeror. I have heard stories about protests being denied for various reasons.
What are the common reasons for an agency-level protest to be denied? What specific pitfalls should we be aware of to strengthen our protest?