Analysis of contract source selection strategy
Approved for public release; distribution is unlimited === The Department of Defense (DOD) spends billions acquiring weapons systems, supplies, and services. The contract management process has to be executed diligently to ensure the government is receiving the highest return on investment. The proc...
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Monterey, California: Naval Postgraduate School
2015
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ndltd-nps.edu-oai-calhoun.nps.edu-10945-458102015-08-07T04:15:08Z Analysis of contract source selection strategy Bastola, Jatan Findley, Kenneth E. Woodward, Nathan T. Rendon, Rene G. Landale, Karen Graduate School of Business and Public Policy (GSBPP) Approved for public release; distribution is unlimited The Department of Defense (DOD) spends billions acquiring weapons systems, supplies, and services. The contract management process has to be executed diligently to ensure the government is receiving the highest return on investment. The process has six steps, two of which relate to the source selection strategy: solicitation planning and source selection. Once the acquisition team determines whether to use a lowest price technically acceptable (LPTA) or Tradeoff source selection strategy, they evaluate proposals to determine which offer presents the best value to the government. The purpose of this research is to explore potential relationships between the source selection strategy (LPTA or Tradeoff) and resultant contract outcomes. This research uses data collected from contract files and related documentation from two major systems commands (Naval Air Systems Command and Naval Sea Systems Command) to show the implication of the LPTA and Tradeoff source selection strategies. The findings suggest that an LPTA source selection strategy has a significantly shorter lead-time to contract award. The findings should be viewed with caution, however, as the sample size consisted of only six LPTA contracts. This report concludes with two recommendations to improve further research on choosing a source selection strategy and contract outcomes. 2015-08-05T23:05:14Z 2015-08-05T23:05:14Z 2015-06 Thesis http://hdl.handle.net/10945/45810 This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States. Monterey, California: Naval Postgraduate School |
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Approved for public release; distribution is unlimited === The Department of Defense (DOD) spends billions acquiring weapons systems, supplies, and services. The contract management process has to be executed diligently to ensure the government is receiving the highest return on investment. The process has six steps, two of which relate to the source selection strategy: solicitation planning and source selection. Once the acquisition team determines whether to use a lowest price technically acceptable (LPTA) or Tradeoff source selection strategy, they evaluate proposals to determine which offer presents the best value to the government. The purpose of this research is to explore potential relationships between the source selection strategy (LPTA or Tradeoff) and resultant contract outcomes. This research uses data collected from contract files and related documentation from two major systems commands (Naval Air Systems Command and Naval Sea Systems Command) to show the implication of the LPTA and Tradeoff source selection strategies. The findings suggest that an LPTA source selection strategy has a significantly shorter lead-time to contract award. The findings should be viewed with caution, however, as the sample size consisted of only six LPTA contracts. This report concludes with two recommendations to improve further research on choosing a source selection strategy and contract outcomes. |
author2 |
Rendon, Rene G. |
author_facet |
Rendon, Rene G. Bastola, Jatan Findley, Kenneth E. Woodward, Nathan T. |
author |
Bastola, Jatan Findley, Kenneth E. Woodward, Nathan T. |
spellingShingle |
Bastola, Jatan Findley, Kenneth E. Woodward, Nathan T. Analysis of contract source selection strategy |
author_sort |
Bastola, Jatan |
title |
Analysis of contract source selection strategy |
title_short |
Analysis of contract source selection strategy |
title_full |
Analysis of contract source selection strategy |
title_fullStr |
Analysis of contract source selection strategy |
title_full_unstemmed |
Analysis of contract source selection strategy |
title_sort |
analysis of contract source selection strategy |
publisher |
Monterey, California: Naval Postgraduate School |
publishDate |
2015 |
url |
http://hdl.handle.net/10945/45810 |
work_keys_str_mv |
AT bastolajatan analysisofcontractsourceselectionstrategy AT findleykennethe analysisofcontractsourceselectionstrategy AT woodwardnathant analysisofcontractsourceselectionstrategy |
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1716816398606401536 |