LPTA versus tradeoff: analysis of contract source selection strategies and performance outcomes

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Authors
Baker, Jacob T.
Bono, Michael J.
DeVoe, Justin T.
Subjects
contracting
contract management process
source selection
lowest price technically acceptable
tradeoff
Advisors
Landale, Karen
Rendon, Rene G.
Date of Issue
2016-06
Date
16-Jun
Publisher
Monterey, California: Naval Postgraduate School
Language
Abstract
The Department of Defense (DOD) spends hundreds of billions of dollars annually to procure highly complex weapon systems, supplies, and services. Due to recent budget constraints, DOD stakeholders are closely examining the strategies and methodologies contracting professionals employ to acquire what the DOD needs. Contracting professionals may use lowest price technically acceptable (LPTA) and tradeoff strategies to procure requirements to maximize the overall best value to the government. The purpose of this research is to determine if a relationship exists between the contract source selection strategy employed, either LPTA or tradeoff, and the contract pre-award and post-award performance metrics. Data were collected from contract files located at Naval Sea Systems Command to determine the potential relationship between LPTA and tradeoff performance metrics. The findings of this research suggest that not enough data were collected to answer the research questions. However, the data contained in this report will be incorporated into a pool of data gathered from previous research efforts to provide adequate statistical power to answer the research questions. The report concludes with recommendations for further research.
Type
Thesis
Description
MBA Professional Report
Department
Graduate School of Business and Public Policy (GSBPP)
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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