Three years ago Washington Technology released a WT Insider Report on the impact of lowest price, technically acceptable contracts.
Those results were clear cut – folks hate LPTA. In fact, the report was called LPTA: A hate-hate relationship.
Washington Technology found very little redeeming qualities to LPTA.
Since that time there has been a lot of talk from the higher reaches of the procurement world that LPTA really should only be used when requirements can be very specifically and narrowly defined. In general, services contracts should not be competed as LPTA.
In the past few months, Washington Technology embarked on an update of the 2014 study to see if LPTA was waning as a force in the market place.
The news is not good. This latest report is called LPTA: The hate continues.
Keep reading this article at: https://washingtontechnology.com/blogs/editors-notebook/2017/05/lpta-special-report.aspx
