Low Price Technically Acceptable (LPTA) procurements began to gain popularity in 2007 due to limited agency budgets. They grew to become some of the most widely used source selection methods by the Department of Defense (DoD) and were also quite common in the civilian space. The pricing pressures resulted in low-ball bids and negatively impacted quality.
By 2014, frustration from industry had grown intense. Government contractors were forced to consolidate through mergers and acquisition -- some went out of business completely. At that point, the government realized LPTA may not be appropriate for many procurements and, in 2015, the pendulum started to swing back in the other direction.
While LPTA seems to be less prominent today, is it more in word than in fact?
This free whitepaper reveals:
Core Challenges & Potential Solutions
When LPTA is Appropriate
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