Remove Bidder Remove Electronics Remove Thresholds
article thumbnail

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. Dollar thresholds on the rise Another boost likely is coming for small businesses, this time from the Federal Acquisition Regulations Council.

article thumbnail

GSA’s commercial platforms program to grow by five providers

Federal News Network

GSA created the CPI program under a proof-of-concept moniker with awards to Amazon, Fischer and Overstock Government in 2020 under direction from Congress with a goal of capturing data on and managing products under the micro purchase threshold of $10,000. Overstock Government decided not to bid on the next generation platform, sources say.

article thumbnail

Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia

Curbing Corruption in Government Contracting

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.

Bidder 40
article thumbnail

Navigating the 5 Steps of the Procurement Journey Part 2

The Procurement School

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.

Bidder 52
article thumbnail

Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

The Impact of the Federal Acquisition Streamlining Act (FASA) The Federal Acquisition Streamlining Act (FASA) revolutionized the federal procurement process, significantly reducing bureaucracy and transforming acquisition to electronic commerce.

article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

18] And, for DoD, Defense Federal Acquisition Regulation Supplement (“DFARS”) 216.203-4 limits the use of the FAR EPA clauses to DoD contracts that exceed the simplified acquisition threshold (presently $250,000 with exceptions), and performance is longer than six months. [19] GAO’s competitive prejudice threshold should be similar.