Industry Executives Report Decline In Use Of LPTA Contracts

By Marjorie Censer / August 27, 2015 at 1:33 PM
Some industry executives, once concerned about the use of lowest-priced, technically acceptable contracting approaches, say they're happy to see the Pentagon using this method less. As budgets waned, the Pentagon began encouraging the use of LPTA, particularly when buying commodity items or services that didn't require significant expertise. But Frank Kendall, the Defense Department's top buying official, soon said LPTA was in some cases being misused and vowed to make the Pentagon's policy clear to contracting officers. Contracting executives have...

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