The LPTA Bid – Flaws Exposed

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Will the Lowest Price Technically Acceptable (LPTA) environment survive in the coming years? That is the big question after LPTA bids received recent attention throughout the Air Force. After one of the Air Force’s top officials for service contracting assigned a team to examine LPTA offers, the results of the review are now expected to end up in the final version of the Department of Defense’s Better Buying Power 3.0.

Why the special attention on LPTA bids all of a sudden? To start with, the Air Force experienced a number of circumstances in which contractors bid a strikingly low …read more

Read more here:: Government Contracting

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