[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR15.101]



[Page 253-254]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 15_CONTRACTING BY NEGOTIATION--Table of Contents

 

         Subpart 15.1_Source Selection Processes and Techniques

 

Sec. 15.101  Best value continuum.



    An agency can obtain best value in negotiated acquisitions by using 

any one or a combination of source selection approaches. In different 

types of



[[Page 254]]



acquisitions, the relative importance of cost or price may vary. For 

example, in acquisitions where the requirement is clearly definable and 

the risk of unsuccessful contract performance is minimal, cost or price 

may play a dominant role in source selection. The less definitive the 

requirement, the more development work required, or the greater the 

performance risk, the more technical or past performance considerations 

may play a dominant role in source selection.