David Berteau: Congress eyeing procurement pricing, lead time amendments in 2019 NDAA
The Professional Services Council CEO helps demystify LPTA and PALT for defense department buyers and contractors.
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Two acronyms have bedeviled defense department buyers and contractor: Lowest Price Technically Acceptable, or LPTA, and procurement administrative lead time, or PALT. Both are the subject of amendments by local members of Congress to the 2019 National Defense Authorization Act. David Berteau, president and CEO of the Professional Services Council, joined Federal Drive with Tom Temin to clarify the new proposals.
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