How LPTA Proposals Are Evaluated
The government uses two general methods of source selection; the Lowest Price Technically Acceptable (LPTA) and Tradeoff methods. What happens when a small business submits a proposal that will be evaluated by the government using the LPTA source selection method? This webinar will focus on the LPTA method with emphasis on the following learning objectives: The webinar attendee will learn about:• The factors taken into consideration by the Contracting Officer (CO) in crafting a LPTA-related solicitation.• The characteristics that differentiate LPTA from other methods.• The CO’s responsibilities and acquisition requirements in communicating (to potential offerors) the government will use the LPTA source selection method in evaluating proposals and making an award decision.• The process steps the CO and evaluators go through in evaluating proposals and selecting a contractor.• Addressing the contentious nature of the LPTA process and its ultimate future.
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