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The Lowest Price Technically Acceptable (LPTA) method is a procurement approach where the lowest price bid that meets the minimum technical requirements is selected. This method is typically used when cost is the primary consideration and the technical requirements are well-defined and routine.
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Two companies Alpha and Beta submitted proposals in response to a Request for Proposals which would make award to the low price technically acceptable offer. After evaluation of the offers discussions?
After evaluation of the offers, discussions will be held with both companies to clarify any uncertainties or gaps in their proposals. The aim is to ensure that both proposals meet the technical requirements of the Request for Proposals. Ultimately, the company offering the lowest price and meeting all technical specifications will be awarded the contract.
What type of injury is the price method used for?
The PRICE method is typically used for acute sprains and strains, which may include injuries to muscles, tendons, or ligaments. It stands for Protection, Rest, Ice, Compression, and Elevation, and is commonly recommended as a first aid treatment for these types of injuries to reduce pain and swelling.
How much is a pound of grease?
The price of a pound of grease can vary depending on the type of fat or oil used. Generally, it can range from $0.50 to $2 per pound. Factors like quality, source, and processing method can also influence the price.
Is wholesale the same as net price?
No, wholesale price refers to the price at which goods are sold in large quantities to retailers or other businesses, while net price is the price after any discounts or deductions have been applied. The net price is the final price that the buyer pays after accounting for any additional charges or fees.
How does t-bill auction work?
Each auction has a certain $ amount that it can sell. There are competitors and non-competitors in participating in the auction. The competitors states his desired interest rate and if it is lower than the auction rate it will be accepted. The non-competitors accepts the T-bill's current rate. The market grants as many winning bids as it can while still appeasing the non-competitors. The price becomes the lowest winning bid. Example: The auction has $10,000,000 available for sale. The bills are $10,000 Competitors Quantity Buying Price A 3,500,000 9,500 B 3,500,000 9,450 C 3,500,000 9,400 Non-Competitors Quantity D 1,000,000 E 1,000,000 The market grants A and B their quantity leaving $3,000,000. $2,000,000 goes to D and E leaving $1,000,000 for C. The price becomes $9,400 (Lowest bid price)
What is The administrative contracting officer responsible for?
Lowest price, technically acceptable is
What two techniques are used to select a contractor within the best value continuum?
lowest price technically acceptable and best value chorice
What two approaches the the Government use 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 is the lowest price that can be paid for traffic school?
These prices would very depending on your method of learning. There are video, online, or classroom settings available, so I suppose that the lowest price that can be paid is $9.95 for an online course.
What is book-built issue in issue of shares?
Bookbuilding method: It is the most common method used. Here the companies decide on the price band. The lowest price is reffered to as floor and highest price is reffered as cap. The investors then have the freedom to bid for the number of shares and the price they are willing to pay for it. The actual price is then discovered based on the bids.
What is the lowest price for the DSi?
I think that the lowest price is 90%. The stores are gamestop,radioshack.
What home phone service has the lowest rate plans?
Spirit seem to be at least one place which has an home phone service for a person to use. At very least, there is a price there which people find acceptable.
What is the lowest price Microsoft shares ever sold for?
Lowest closing price was $15.15 on March 9, 2009.
How much should a 25 bag of weed weigh?
Street price is 1 gram,but you should be getting around 1.5 depending on the weed, enough for 5 joints is the lowest acceptable amount for a 25
What is the difference between actual price and minimum acceptable price?
producer surpluss
Why shouldn't a technician simply put the lowest-price CPU in to a machine to save costs?
The lowest price CPU may not be able to handle the workload, at an acceptable speed, that the system is going to being used . There are also warrantyconsiderations of the CPU itself. A boxed retail version will have the full manufacturer's warranty and bulk CPUs usually only have 30 day warranties.
Two companies Alpha and Beta submitted proposals in response to a Request for Proposals which would make award to the low price technically acceptable offer. After evaluation of the offers discussions?
After evaluation of the offers, discussions will be held with both companies to clarify any uncertainties or gaps in their proposals. The aim is to ensure that both proposals meet the technical requirements of the Request for Proposals. Ultimately, the company offering the lowest price and meeting all technical specifications will be awarded the contract.
