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Step 3 Posting Once the procurement document is developed and approved it is posted online for bidders to respond. In instances, such as a limited number of potential bidders, a complex procurement or a new or innovative concept a procurement may be posted longer to attract more bidders.
Given that above threshold procurement data is already (in the process of being) captured at EU level, the PPDS is very much about data on procurement not covered by the EU rules—which represents 80% of all public procurement contracts.
1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Past Performance Information: The bill would allow bidders in federal procurements to submit information related to their performance on commercial or non-government projects as relevant past performance.
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