Accession Number:

AD1016282

Title:

Getting the Best Value in a Source Selection

Descriptive Note:

Journal Article

Corporate Author:

Defense Acquisition University Fort Belvoir United States

Personal Author(s):

• Schultz,Brian
• Dotson,David

Report Date:

2015-12-01

Pagination or Media Count:

4.0

Abstract:

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.

Descriptors:

• department of defense
• military acquisition
• risk management
• contracts
• procurement
• defense industry
• management personnel
• system software
• program management
• business administration

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE