COLUMN BY MONICA MAYK PARHAM, MARKETING DIRECTOR OF MARKET CONNECTIONS, INC.
From AOL Government | November 6, 2012
During this time of budget constraints, the federal government is seeking low-priced, technically acceptable (LPTA) solutions to keep projects and innovation alive. In other words, agencies need to find ways to keep technological innovation moving forward, albeit with tighter purse strings.
As Lisa Mascolo, CEO of Optimos Inc., pointed out in her recent Washington Technology Op-Ed article on the topic of LPTA contracts, “When I hear ‘acceptable,’ I think adequate, good enough, not great but okay.”
She raises some good points: Do these LPTA projects come at a cost? Is acceptable really the antithesis of innovative, as she questions in her column?
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