Lowest Price Technically Acceptable (LPTA) contracts have become a heated topic in the federal news media – especially on the heels of the recent Market Connections and Centurion Research study.
Though one area that is often overlooked when it comes to LPTA contracts is the impact that these procurements have on smaller businesses. In addition, how can larger primes and smaller contractors best work together to better leverage business opportunities in this environment?
Following is an exclusive podcast with Lynne Gummo, who leads the Government Contracting Industry Group at SC&H Group, which offers M&A transaction and financial services for contractors. Gummo discusses the impact of LPTA procurements on the small business sector, and provides insights into how these companies can navigate today’s uncertain contracting waters.