Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds
SmallGovCon
DECEMBER 4, 2024
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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