LPTA
Lowest Price Technically Acceptable
Pass the technical bar, then the cheapest compliant bid wins.
LPTA (Lowest Price Technically Acceptable) means the agency sets a pass/fail technical bar; among everyone who passes, the lowest price wins.
It is common for commodity services — janitorial, grounds, simple supply. New firms can win LPTA work on hunger and lean pricing, because there is no reward for a fancier proposal.
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