Source Selection Decision definition
Source Selection Decision. The government shall select the source based upon a best value evaluation of the offeror’s technical acceptability, satisfactory past performance and price. All evaluation factors other than cost or price, when combined, are significantly more important than price.
Source Selection Decision rated defendant SK E&C’s bid more favorably than any other bid and recommended defendant SK E&C’s selection for the LDUI Contract. On or about December 24, 2008, FED awarded the LDUI Contract to defendant SK E&C. The total value of the contract at the time was approximately 460 billion Korean won, equivalent to approximately $400,000,000.
Examples of Source Selection Decision in a sentence
The results of the SSA’s decision shall be documented in the Source Selection Decision Document.