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Per the DAU lesson guide the answer is:
Tradeoffs
Tradeoffs between cost/price and non-cost factors permit the Government to accept other than the low price proposal. The perceived benefits of the higher priced proposal must merit the additional cost. The rationale for tradeoffs must be documented in the source selection decision.
Lowest Price Technically Acceptable (LPTA)
The LPTA source selection process is appropriate where the best value is expected to result from selection of the technically acceptable proposal with the lowest evaluated price.
I used this answer on my final exam and it was correct.
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2) In more complex acquisition the Government uses two common approaches in contractor selection. These are?
In more complex acquisitions, the Government typically employs two common approaches for contractor selection: the Best Value Tradeoff (BVTO) and the Lowest Price Technically Acceptable (LPTA). BVTO allows for a tradeoff between price and non-price factors, enabling selection based on overall value rather than just cost. In contrast, LPTA focuses on selecting the contractor that meets the minimum technical requirements at the lowest price, ensuring a clear and straightforward evaluation process. Both approaches aim to achieve effective and efficient procurement outcomes while meeting the Government's needs.
What are the two common approaches the government uses in contractor selection?
Per the DAU lesson guide the answer is:TradeoffsTradeoffs between cost/price and non-cost factors permit the Government to accept other than the low price proposal. The perceived benefits of the higher priced proposal must merit the additional cost. The rationale for tradeoffs must be documented in the source selection decision.Lowest Price Technically Acceptable (LPTA)The LPTA source selection process is appropriate where the best value is expected to result from selection of the technically acceptable proposal with the lowest evaluated price.I used this answer on my final exam and it was correct.
What are the approaches to probabilty?
The two main approaches are the Classical approach and the Bayesian approach.
What has the author Mark Rosenberg written?
Mark Rosenberg has written: 'Two approaches to an understanding of U.S.--Honduran relations' -- subject(s): Foreign relations, Politics and government
Define approaches in bridge engineering?
Bridge approaches typically experience two types of settlement, global and local.
How long is the contractor's warranty for new construction foundations How long is the contractor responsible for repairing a bad foundation on a home that that contractor built Thank You!?
Differs from contractor to contractor and it is purely based on the understanding between the two entering into the legal talks. Normal wearranty period is 1-2 years Here it is a unspoken rule of one year...If he is a good contractor he will make it up to you.
What are two main expansionary policies?
When the government wants to stimulate economic growth through Fiscal Policy, it will often attempt one of two approaches. It will either cut consumer taxes to give them more disposable income, or it will spend more money on government programs. Both of these policies are considered expansionary.
how long does a general contractor go to school to get his license?
A general contractor goes to school for about four or five years but they could get it done in two years
Whats the two general approaches to forecasting?
Qualitative and Quantitative
Two traditional approaches to utilitarianism are?
act and rule utilitarianism.
What are the Two traditional approaches to utilitarianism?
fundamental and secondary utilitarianism
What are two specific approaches toward collective security?
The Nuclear Non-Proliferation Treaty, The treaty not to develop Chemical or biological weapons are two specific approaches toward collective security.
