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

SmallGovCon

Every five years, the government is required by 41 U.S.C. 1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. Here are some of the proposed new thresholds for the FAR. million to $9.5 FAR 19.502-2.

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

Federal News Network

Protests of contracts went down last fiscal year. 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. Two data points help us understand some important facets of federal contracting.

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The SBA doubles down on the Rule of Two

Federal News Network

The rule, which applied to open market competitions, will, once the rule is finalized, also apply to multiple award contract vehicles. In fact, it was made government-wide when the law was introduced in 1984. So it’s a huge part of government contracting. That’s a big change. Tom Temin: OK. Tom Temin: Right.

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Top Strategies for Successfully Selling to the Government

Select GCR

Want to start selling to governments but dont know where to begin? This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative government contracts.

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Breaking down barriers: The challenges of federal micro-purchases for small businesses

Federal News Network

Navigating the federal contracting landscape can be a daunting experience for small businesses. As a result, even when small businesses offer innovative, cost-effective solutions that meet the needs of the government, their opportunities to be selected are significantly reduced.

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Mastering How to Get Government Contracts

Select GCR

Trying to figure out how to get a government contract? This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. You’re in the right place!

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

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. What is a Solicitation Tool?