Promoting Value Based Defense Procurement Act of 2016
This bill directs the Department of Defense (DOD) to revise the Defense Federal Acquisition Regulation Supplement to require that Lowest Price Technically Acceptable source selection criteria are used for new solicitations (solicitations issued starting 120 days after enactment of this bill) only in situations in which:
LPTA source selection criteria shall be avoided when the procurement is predominately for the acquisition of information technology services, systems engineering and technical assistance services, or other knowledge-based professional services.