In a source selection, what is necessary regarding the Best Value continuum?

The Best Value continuum is a critical concept in source selection for government contracts, indicating that the procurement process aims to achieve the best overall outcome rather than solely focusing on the lowest price. In this context, the correct assertion is that technical factors can outweigh price in certain acquisitions. This recognizes that, depending on the project requirements, the quality of the product or service and the capability of the contractor might be more important than achieving the lowest possible cost.

For instance, in complex acquisitions where performance and technical specifications are paramount, the government may prioritize a contractor's technical capability and experience over cost. This approach supports effective risk management and ensures that the resulting contract fulfills the specific needs of the agency, even if it requires a higher initial expenditure.

In contrast, focusing exclusively on price ignores vital elements that can impact long-term value, such as reliability and innovation. This reasoning allows for a more comprehensive evaluation of proposals based on what will ultimately deliver the best outcome for the government, aligning with the principles of achieving best value in procurement practices.