DoD Is Better Defining What Lowest Price Means in Contracts
DoD now will try to make more clear the worth of delivering a capability above “technically acceptable” or the minimum requirement when awarding contracts. “What that would allow the source selector to do is then say ‘Because the other offer came in that’s more expensive than the lowest price one, but it has this additional capability, I can put a price on that and quantify the value to the government of that additional capability,’” said Bryan Clark, senior fellow at the Center for Strategic and Budgetary Assessments in an interview with Federal News Radio.