Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds
SmallGovCon
DECEMBER 4, 2024
1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. It just so happens that the last such adjustment occurred back in 2020. Here are some of the proposed new thresholds for the FAR. million to $9.5 FAR 19.502-2.
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