Bidder Document Thresholds 
The Procurement ClassRoom
NOVEMBER 16, 2024
Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.
Mike Purdy's Public Contracting
JULY 24, 2017
The Washington Legislature adopted a new law ( Senate Bill 5301 ) that adds an additional criterion to the list of mandatory bidder responsibility criteria that public agencies must verify and document before awarding any public works project, regardless of cost. Effective Date: The new law became effective on July 23, 2017.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Federal News Network
DECEMBER 3, 2024
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. The achievement of subcontracting goals should be consistently evaluated and performance documented in CPARS following the evaluation ratings.
Mike Purdy's Public Contracting
APRIL 17, 2017
In order to bring Washington law in compliance with federal small works bonding requirements, Senate Bill 5734 , which passed both the House and Senate unanimously, addresses the following: Changes Project Amount: Increases the $35,000 threshold to $150,000. CPARB will need to revise the Guidelines to add this new criterion.
The Procurement School
OCTOBER 6, 2023
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.
The Procurement School
OCTOBER 22, 2024
These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders. Specify Criteria and Reduce Complexity Higher insurance, bonding limits, and generic criteria in bid documents may exclude potentially qualified companies.
Curbing Corruption in Government Contracting
JANUARY 21, 2020
Following our theoretical framework, we also expect transparency effects to unfold over time with many effects arising through the help of stakeholders – journalists picking up stories based on newly available data, buyers learning about procurement markets or bidder finding new opportunities more efficiently.
Expert insights. Personalized for you.
105 
Let's personalize your content