APG S3CoE FY19 Q~4 Symposium Topic:Lowest Price Technically Acceptable (LPTA) vs. Tradeoff
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The Army Contracting Command at Aberdeen Proving Ground, through its Source Selection Support Center of Excellence, conducted a symposium on July 10, 2019, focused on comparing the Lowest Price Technically Acceptable (LPTA) method versus the Tradeoff approach in contract source selections. This event was designed to provide valuable information to both Government and Industry representatives, highlighting key considerations and insights related to these procurement strategies. The symposium included a summary and slide presentation, made available to attendees for reference. This announcement, posted on July 23, 2019, aligns with FAR guidelines and explicitly states that it is not a formal solicitation for proposals nor an indication of any current or future contract opportunities. Participation was voluntary, with no reimbursement for travel or attendance costs, emphasizing that attendance did not oblige attendees to submit proposals for any potential procurement. The event serves as an educational forum aimed at enhancing understanding of source selection practices within the Department of Defense acquisition community.
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