PromptWhat procurement method is an agency using when evaluating offers on technical approach and price, with technical approach significantly more important, and awarding based on best value using a tradeoff process?
Click to flip AnswerThis is a negotiated procurement under FAR Part 15 using a best value tradeoff process. Unlike sealed bidding, award is not based solely on price; the government may trade off price for superior technical qualities. The solicitation must describe the evaluation factors and their relative importance.
Click to flip back