What is the definition of Lowest Price, Technically Acceptable (LPTA)?

What is the definition of Lowest Price, Technically Acceptable (LPTA)?

• A. A method to select the highest price bid
• B. A random selection method
• C. A source selection procedure that focuses on the lowest price while meeting technical requirements.
• D. A negotiated price with no regard to technical criteria

Answer: (B)

Lowest Price, Technically Acceptable means you assess bids first to ensure they meet the minimum technical requirements, and only those that are technically acceptable are considered further. Among those acceptable bids, the contract goes to the one with the lowest price. This approach ensures basic performance is met while prioritizing cost efficiency. It isn’t about choosing the highest price, it isn’t random, and it doesn’t ignore technical criteria—the technical requirements must be satisfied before price becomes the deciding factor.

Lowest Price, Technically Acceptable means you assess bids first to ensure they meet the minimum technical requirements, and only those that are technically acceptable are considered further. Among those acceptable bids, the contract goes to the one with the lowest price. This approach ensures basic performance is met while prioritizing cost efficiency. It isn’t about choosing the highest price, it isn’t random, and it doesn’t ignore technical criteria—the technical requirements must be satisfied before price becomes the deciding factor.