Remove 2024 Remove Purchasing Remove Thresholds
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Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds

SmallGovCon

1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. million to $9.5

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As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. Source: GAO Bid Protest Report to Congress for Fiscal 2024. In 2024, GAO heard 346 protests, which is down from 368 in 2023.

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The SBA doubles down on the Rule of Two

Federal News Network

Dan Ramish: So if it goes into effect, the rule would require that agencies, when they’re placing an order under an existing IDIQ contract, it would be mandatory for the contracting officer to set aside an award of an order that’s over the micro-purchase threshold. And this is the latest way they’re trying to do that.

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Even Rules have their Limits, Says SBA OHA about the Nonmanufacturer Rule

SmallGovCon

OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. 8, 2024) focuses on when the nonmanufacturer rule does not apply. Generally, the micro-purchase threshold is $10,000, and the simplified acquisition threshold is $250,000. SIZ-6276 (Apr.

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Tuesday Tracker 10/29/2024

The Coalition for Government Procurement

The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000.

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Back to Basics: The Buy American Act

SmallGovCon

The Buy American Act “[r]estricts the purchase of supplies, that are not domestic end products, for use within the United States” unless an exception applies. However, this law does not actually prohibit the acquisition of non-U.S.

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What new White House guidance on grants means for agencies that hand them out

Federal News Network

Tom Temin Sure, and there are also some updated thresholds for what gets audited, what gets investigated by the government, and also for some of the provisions for equipment and ancillary costs associated with a grant. Let’s talk about maybe the threshold for what gets audited. What are some of the top ones there? Dan Ramish Yes.