
In Negotiated Procurements under FAR Part 15, What’s the Difference Between LPTA and Tradeoff?
In the source selection process known as Lowest Price Technically Acceptable (LPTA), price is the most significant evaluation factor in the procurement. The technical aspects of a proposed supply or service are well-defined and noncomplex. A proposed solution found to meet the requiring activity’s minimum needs can be evaluated on a noncomparative basis of “acceptable”