Getting the Best Value in a Source Selection
Defense Acquisition University Fort Belvoir United States
Pagination or Media Count:
Competition in acquisition is an important topic and has been since the Department of Defense DoD started acquiring systems from the defense industry. The key premise is that DoD will get greater value for the price paid as a result of competition. Some studies suggest savings in the 15 percent to 25 percent range and even greater undersome conditions as a result of competition. However, greater value is not always tied to lower prices or cost savings. Greater value can be realized through a superior technical solution as part of a trade-off of price and other factors in a source selection.