What is Lpta in government contracting?
The LPTA method is a competitive negotiation source selection process where the non-price factors of a proposal are evaluated to determine which proposals are “technically acceptable,” and an award is then made to the “technically acceptable” offeror with the lowest price.
What must the solicitation State concerning the relationships among cost price and non cost price evaluation factors?
15.101-1 Tradeoff process. (2) The solicitation shall state whether all evaluation factors other than cost or price, when combined, are significantly more important than, approximately equal to, or significantly less important than cost or price.
What does Lpta stand for?
Licensed Physical Therapist Assistant
Licensed Physical Therapist Assistant (LPTA)
What does Lpta mean?
LPTA
Acronym | Definition |
---|---|
LPTA | Licensed Physical Therapist Assistant |
LPTA | Laboratoire de Physique Théorique et Astroparticules (Theoretical Physics Laboratory and Astroparticles; Montpellier, France) |
LPTA | Louisiana Physical Therapy Association (Baton Rouge, LA) |
LPTA | Lowest Priced Technically Acceptable (contract) |
What is the purpose of FAR 15?
FAR Part 15 describes the procedures for competitive and non-competitive open market acquisitions exceeding the Simplified Acquisition Threshold (SAT). Open market is defined as products or services not available from required sources of supply, such as GSA schedule contracts, outlined in FAR Part 8.
Can you combine both Lpta and trade off?
The FAR states that when using the LPTA process, tradeoffs are not permitted. DOD may elect to use the LPTA process where the requirement is clearly defined and the risk of unsuccessful contract performance is minimal.
How are factors other than cost and price evaluated in LPTA?
Under LPTA all factors other than cost or price are evaluated on an “acceptable” or “unacceptable” basis. Best value is expected to result from selection of the technically acceptable proposal with the lowest evaluated price.
Are there restrictions on the use of LptA evaluations?
Procurement legislation not only limits use of LPTA evaluations but also suggests that the procurement approach is not suited “in circumstances that would deny the department the benefits of cost and technical tradeoffs in the source selection process.”. NDAA 2017 specifically recommends avoiding LPTA government contracts such as:
How to File Bid Protest based on LPTA evaluation factors?
At the bidding stage, you must simply concentrate on proposal writing that puts your best technical approach forward. If you are contemplating filing a bid protest based on LPTA contracts and evaluation factors and lowest technically acceptable source selection decisions, contact a government contracts Bid Protest Attorney.
Can a tradeoff be made in the LPTA process?
The LPTA process does not permit tradeoffs among price and non-price factors (see FAR 15.101-2). Value Adjusted Total Evaluated Price (VATEP) is a technique which can be used in a tradeoff source selection where the offeror’s total proposed price may be adjusted based on the “value” placed on better performance.