Posts Tagged: LPTA

Is Lowest Price Technically Acceptable (LPTA) Always The Best Deal?

By Cindy Wilkins, Sr. Program Analyst In the current fiscal environment, there is an even stronger focus on being a good steward of taxpayer dollars. That is certainly commendable and definitely what is expected by John Q. Public. The recent trend to uphold that trust placed in the Government has been toward awarding contracts on… Read more »

Why Lowest Price Technically Acceptable Is Not All Bad (When Used Appropriately)

GovLoop and Integrity Management Consulting are proud to present a 12-part series called “Conscientious Contracting: A Thoughtful Approach to Acquisition and Program Management,” that aims to address common challenges and achieve new efficiencies in government procurement. In a recent survey for our new acquisition guide, we asked the contracting community: “Have you experienced your organization… Read more »

Best Value or LPTA? One Size Does Not Fit All in Acquisition

By Michael Ipsaro, Technical Director, PMP, CCE/A Sound familiar? A complex professional service contract is awarded using the LPTA approach… costs millions more than expected. A recurring supply of widgets or routine services is obtained using a Best Value approach. The delivery is delayed months and when combined with the final price of the contract…..results… Read more »

Is the Sky Falling on Government Contractors?

In many ways, the government contractor community is in a state of uncertainly with pending budget cuts in this austere environment. When reading the news, it often feels like Henny Penny is doing all of the reporting and the outlook is very dire. But is the sky actually falling? Market Connections will be releasing this… Read more »