Contract Source Selection: an Analysis of Lowest Price Technically Acceptable and Tradeoff Strategies

Report Number: NPS-CM-16-144

Series: Contract Management

Category: Contract Management

Report Series: Sponsored Reports

Authors: Jamal M. Osman, David W. Hill, David F. Odom, Wesley J. Paulk

Title: Contract Source Selection: an Analysis of Lowest Price Technically Acceptable and Tradeoff Strategies

Published: 2016-06-01

Sponsored By: Acquisition Research Program

Status: Published--Unlimited Distribution

Research Type: Graduate Student

Full Text URL: http://www.acquisitionresearch.net/files/FY2016/NPS-CM-16-144.pdf

Keywords: Contract source selection, LPTA, tradeoff

Abstract:

This research attempts to determine if a relationship exists between contract outcomes (e.g., procurement administrative lead-time, Contractor Performance Assessment Reporting System ratings, and earned value management assessments) and source selection strategy. This research is part of an ongoing research stream. Our research incorporates new data extracted from a large sample of contracts at the Space
and Naval Warfare Systems Command and Naval Supply Systems Command.