This 2-day course shows attendees how to use the tradeoff method to select the best value offer for award. Course sections include: Intro to Best Value Source Selection; Acquisition Planning, Selecting Evaluation Factors, Evaluating Technical and Cost Proposals, Exchanges Other than Discussions, Establishing the Competitive Range and Holding Discussions, Selecting a Contractor for Award, Notifications and Debriefings, and Protests. The tradeoff approach, one of the most flexible—yet most complex—source selection approaches, is designed to yield a best value acquisition. However, many members of the acquisition community aren’t sure when and how to appropriately use this approach. You will practice the strategy of achieving best value in negotiated procurements using the tradeoff process by analyzing source selection cases and applying your learning to real-world scenarios that will make your next acquisition a success.
This course is designed for members of an acquisition team who expect to participate in a tradeoff source selection.