Bob Lohfeld, CEO, Lohfeld Consulting Group

Frank Kendall, the Undersecretary of Defense for Acquisition, Technology and Logistics, is setting limits for when to use lowest price/technically acceptable procurement strategies. He says there are only four conditions when LPTA is appropriate to use. Bob Lohfeld is CEO of the Lohfeld Consulting Group, former chaiman of ACT-IAC. On In Depth with Francis Rose, he said the new limits may be a sign DoD is trying to phase out LPTA.