Bill 119 hr 856, also known as the "Lowest Price Technically Acceptable Source Selection Impact on National Security Act," aims to address concerns about the impact of the lowest price technically acceptable (LPTA) source selection process on national security. The bill requires the Director of the Office of Management and Budget to conduct a review to determine how the use of LPTA in federal contracting may be affecting national security.
The LPTA source selection process involves awarding contracts to the bidder with the lowest price that meets the minimum technical requirements. While this process can save money for the government, critics argue that it may not always result in the best quality products or services being provided, especially in areas critical to national security.
The bill seeks to evaluate the potential risks and benefits of using LPTA in federal contracting, particularly in relation to national security. The review conducted by the Director of the Office of Management and Budget will assess how the use of LPTA may impact the ability of federal agencies to acquire the best possible products and services to meet their national security needs.
Overall, Bill 119 hr 856 aims to ensure that the federal government is making informed decisions about the use of the LPTA source selection process in order to prioritize national security interests.