If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)
Lowest Price Technical Acceptable (LPTA) is an acquisition strategy that recently become controversial enough that acquisition regulations have been updated to somewhat limit its use.
Kevin and Paul provide an overview of the regulation updates and discuss how, like any acquisition strategy, LPTA can be a powerful tool if used appropriately and a disaster if misapplied.
If you enjoy this podcast, check out Skyway Acquisition at skywaymember.com to begin your relationship with our team of former contracting officers. The Skyway Community is the essential resource for context in the government market.
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Kevin Jans and Paul Schauer created the Contracting Officer Podcast to help government and industry acquisition professionals understand more about how the other side thinks. As former government Contracting Officers who have also worked on the industry side, Kevin and Paul share their perspectives in support of the podcast’s mission: Make government contracts better, one contract at a time.