Best-Value Tradeoff
A source-selection approach that may pay a price premium for superior non-price advantages.
Best-value tradeoff is a source selection process in which the government may select a higher-priced, higher-rated proposal when its non-price advantages (technical merit, past performance, management) justify the additional cost. It contrasts with lowest-price technically-acceptable (LPTA), where award goes to the cheapest compliant offer. The solicitation must state the evaluation factors and their relative importance so offerors know how price and non-price factors will be weighed.
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