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Best Value Continuum

Published Date: 
May 15, 2020
Media: 
Tags: 
Knowledge Nugget
Price Analysis
cost analysis
COR
PM
CO
Contracting
Pricing
best value
LPTA
tradeoff
Belongs to Collection: 
Knowledge Nugget
Description

During the “Best Value Continuum” Knowledge Nugget, you will learn about the Best Value Continuum, which defines the importance of evaluation factors in negotiated acquisitions. The Best Value Continuum ranges from acquisitions that prioritize cost or price over technical factors (lowest price technically acceptable/LPTA), to acquisitions that prioritize technical factors over cost or price (tradeoff).

Resources:

 

Best Value Continuum Transcript

Citation

"Best Value Continuum," FAI Media Library, accessed August 2, 2021, https://www.fai.gov/media-library/item/best-value-continuum-0

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