Lowest Price Technically Acceptable (LPTA)
Award to the cheapest offer that meets stated minimums.
Definition
Under LPTA, proposals are rated acceptable or unacceptable against defined minimums and award goes to the lowest priced acceptable offer with no credit for exceeding requirements.
Why it matters
On LPTA bids, extra technical detail cannot win — price discipline and strict acceptability do.
Example
A janitorial services buy uses LPTA with pass/fail technical criteria.
Related terms
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