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Best Value Continuum

Published:

Belongs to Collection: Knowledge Nugget

Citation


FAI, "Best Value Continuum," FAI Media Library, accessed May 23, 2022 00:41, https://fai.gov/media-library/item/best-value-continuum-0

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).