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406 - What is Best Value?

406 - What is Best Value?

FromGovernment Contracting Officer Podcast


406 - What is Best Value?

FromGovernment Contracting Officer Podcast

ratings:
Length:
1 minute
Released:
May 8, 2023
Format:
Podcast episode

Description

In this episode we describe the best value continuum.  We explain how the Government is always looking for "best value" through every acquisition.  The question becomes where on the continuum does a specific acquisition lie?On one end is the Lowest Price Technically Acceptable (LPTA) and on the other end of the is a full trade off.  This episode helps you understand where your acquisition fits on the continuum. 
Released:
May 8, 2023
Format:
Podcast episode

Titles in the series (64)

THE podcast for those who want to learn about the government market from the contracting officer's perspective. Kevin Jans and Paul Schauer, both former federal contracting officers, explain the rules, processes and the "why" behind government contracts. They know because they've done it.