Lowest Price Technically Acceptable
LPTA
A source-selection method awarding to the cheapest offer that meets all stated technical requirements.
Lowest Price Technically Acceptable (LPTA) is a source selection method in which award is made to the lowest-priced proposal that is rated technically acceptable against defined pass/fail criteria — with no credit for exceeding requirements. Recent statutes and FAR changes discourage LPTA for complex, knowledge-based, or high-risk services, steering agencies toward best-value tradeoff where quality differences matter. SDVOSBs assess which method a solicitation uses to decide how to price and write a proposal.
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- LaunchedPublished the glossary covering 48 federal contracting terms with DefinedTerm structured data, primary-source citations, and cross-links into the NAICS, PSC, agency, vehicle, and FAQ pages.