You are here

Home» Media Library» Best Value Continuum

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 October 23, 2020, https://www.fai.gov/media-library/item/best-value-continuum-0

Preparing Today's Workforce for Tomorrows Challenges

"In accordance with the OFPP Administrator's general delegation authority under the OFPP Act (41 U.S.C § 1122(c)(2)), and with the consent of the Acting Administrator of General Services, the OFPP Administrator is hereby delegating to the Administrator of General Services (hereinafter also GSA Administrator) the responsibility for managing the daily operations of FAI and for supporting FAI's resource management responsibilities." - OFPP and GSA Service Level Agreement (March 30, 2013)

FAI Twitter

FAI YouTube

FAI Facebook

 

FAI Logo