USFCR Academy Live: LPTA - When Your Offer is Evaluated on Cost

2020 / by USFCR Academy

8.12 LPTA Situations

Wednesday, August 12, 2020, 2:00 PM Eastern

USFCR Academy Live: LPTA - When Your Offer is Evaluated on Cost

The cliche that government contracts are based solely on cost is sometimes actually accurate. The government calls these situations, “lowest price technically acceptable” or LPTA. They are required to tell you the evaluation factors, so if you see LPTA on a contract solicitation, you need to know how to adjust.

In this webinar, you will learn how to make sure that when cost is the most important evaluation factor, you can still be competitive. You’ll also learn about the specific platforms for making offers or bids. The DLA’s Internet Bid Board System (DIBBS) is one example of such a platform.

Often times, LPTA contracts, are automated in their evaluation procedure. This makes them quick to win, but unforgiving with error. Master these situations with the content in this webinar.

Webinar Topics

  1. How to recognize an LPTA contract
  2. Procedures on third-party reverse auction sites
  3. DIBBS - We could create a course about DIBBS, but here we’ll help you understand how to submit offers through the bid board.

Need help with and RFP?

Requests for Quotes (RFQs) and Requests for Proposals (RFPs) require different considerations for offer submission. If you are looking for proposal submission guidelines, register for and watch this webinar:

Submitting a Proposal on a Federal Contract

Take Action

Registering for a webinar is one thing. Using this information to win federal contracts is the goal though, right? Before you register for and watch the webinar below, sign up for your business qualification with a Registration & Contracting Specialist.

 

Your Host for This Webinar

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Anna Rose

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Email your topic questions now to academy@usfcr.com and we'll answer them in the live Q&A session.

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USFCR Academy

Written by USFCR Academy

USFCR Academy is the learning and training resource of US Federal Contractor Registration (USFCR). The Academy educates current and future clients of USFCR on government contracting, federal registrations and certifications, and provides contract bid training so they can qualify and sell to the federal government.

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