Which evaluation factor is required in all competitively negotiated procurements over the simplified acquisition threshold?

In competitively negotiated procurements over the simplified acquisition threshold, past performance is a required evaluation factor because it provides insight into a contractor's ability to deliver quality products and services based on their prior work history. Assessing past performance helps contracting officers gauge risk; they can identify potential issues by examining how well a contractor performed on similar projects. This evaluation factor supports the government’s goal of ensuring effective use of taxpayer money by selecting contractors who have demonstrated reliability and competence in fulfilling their contractual obligations.

In addition to past performance, other evaluation factors may be considered, but they are not mandated by law for all competitively negotiated procurements. For instance, while financial stability, technical superiority, and cost management are important considerations, they are not universally required across all contracts and can vary based on the specific nature of the procurement and the agency’s needs. Thus, the emphasis on past performance reflects a strong commitment to accountability and performance-based contracting in the federal acquisition process.