Contract Source Selection: An Analysis of Lowest Price Technically Acceptable and Tradeoff Strategies
Loading...
Authors
Osman, Jamal
Hill, David
Odom, David
Paulk, Wesley
Subjects
Advisors
Rendon, Rene
Landale, Karen
Date of Issue
2017-04-27
Date
4/27/2017
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
Source selection planning is an integral part of the acquisition process. Use of an appropriate source selection strategy is key to minimizing risk and ensuring best value to the customer, the service, and the taxpayer. Based on thorough market research, acquisition professionals must decide at an early stage whether to use a lowest price technically acceptable (LPTA) or tradeoff source selection strategy to evaluate proposals and determine which offer presents the best value to the government. The purpose of this research is to determine if a relationship exists between source selection strategy (LPTA or Tradeoff) and successful contract outcomes. Contract outcomes include procurement administrative lead-time, Contractor Performance Assessment Reporting System (CPARS) ratings, and, where available, earned value management (EVM) assessments. This research is part of an ongoing acquisition research stream. Our research incorporates new data extracted from a sample of 50 contract files and related documentation within two major systems commands: Space and Naval Warfare Systems Command and Naval Supply Systems Command.
Type
Poster
Description
Student Research Poster Show
Series/Report No
Department
Organization
Acquisition Research Program (ARP)
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
SYM-AM-17-180
Sponsors
Funder
Format
Citation
Distribution Statement
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.