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Lowest price, technically acceptable is: -required by the FAR to be used in negotiated procurements. -almost always used to obtain the best value for negotiated

Lowest price, technically acceptable is:

-required by the FAR to be used in negotiated procurements.

-almost always used to obtain the best value for negotiated procurements.

-a method of trading off technical factors versus price factors to obtain the best value.

-a best value method that does not use a "tradeoff" process.

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