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OMB Launches Acquisition Data Strategy The Office of Management and Budget (OMB) issued a circular on May 30 entitled “Strategic Management of Acquisition Data and Information.” 1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000.
Better technology tools for the contracting workforce: Improving the procurement technology infrastructure in order to create faster vendor onboarding, reduce paper based workflows, improve vendormanagement and improve data-driven decisions. program.
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