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Source Evaluation and Selection (Best Value)

This two-day, elective course will guide you in understanding the importance of learning the trade-off approach used in achieving a best-value acquisition (BVA). During this course, you will learn how to best select a trade-off and the steps in constructing, planning, conducting, and fully executing a BVA. At the conclusion of this course, you will understand the outcomes and how to ensure best-value source selections.

Learning Objectives

  • Implement formal source selection procedures for best-value acquisition
  • Understand the responsibilities of boards, councils, panels, and groups who perform the evaluations
  • Utilize evaluation procedures in best-value selection
  • Understand lowest price technically acceptable (LPTA) methodology
  • Apply the rules related to using the best-value process in source selection
  • Develop evaluation factors and scoring methods
  • Negotiate procedures and request of final proposal revisions (FPRs)
  • Apply the appropriate procedures in the best-value source selection discussion process

Pre-Requisites

None

Course ID

SES BV-EL

Length

2 Days

CLPs

16

Testimonials

“It’s a great overview. I highly recommend it. I am looking at this (SES) in a different light now. Invaluable!” – 2020 participant

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© 2021 Business Management Research Associates, Inc. | All Rights Reserved

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© 2021 Business Management Research Associates, Inc. | All Rights Reserved

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