The Best Value Approach to Selecting a Contract Source. A Guide to Best Practices. Volume 5

Abstract

Source selection is the process used in competitive, negotiated contracting to select the proposal offering the most advantageous alternative to the Government. The two approaches which can be used to select the most advantageous alternative are the lowest cost, acceptable proposal or best value. The source selection approach used should be commensurate with the acquisition's evaluation needs; i.e., don't make source selection more complicated and expensive than necessary.

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Document Details

Document Type
Technical Report
Publication Date
Aug 16, 1994
Accession Number
ADA285732

Entities

Organizations

  • United States Army Materiel Command

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Best Practices
  • Business Administration
  • Color Coding
  • Commerce
  • Consistency
  • Contracts
  • Cost Estimates
  • Costs
  • Governments
  • Instructions
  • Lessons Learned
  • Management Personnel
  • Organizational Structure
  • Procurement
  • Ratings
  • Standards

Readers

  • Calculus or Mathematical Analysis
  • Defense Acquisition Program Management
  • Psychometric Testing or Psychological Assessment.