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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. The Micro-Purchase Threshold would be increased from $10,000 to $15,000. Need legal assistance, call 785-200-8919.

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Agency software purchasing bill passes House

FedScoop

Legislation to improve federal agency oversight and management of software purchases passed the House on Wednesday, keeping top IT and software trade groups’ hopes alive that the bill will get through the Senate and become law before this congressional term is up. The Strengthening Agency Management and Oversight of Software Assets Act ( H.R.1695

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OpenAI further expands its generative AI work with the federal government

FedScoop

The federal government is continuing to invest in generative AI technology produced by OpenAI, with a handful of agencies recently inking deals to use the enterprise version of the firm’s ChatGPT platform. Federal contract records show that the National Gallery of Art purchased OpenAI licenses earlier this fall. government.

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

Federal News Network

Despite the innovative solutions they offer, many face significant obstacles when trying to engage with federal agencies, particularly in micro-purchases. The Federal Acquisition Regulation (FAR) 13.201(a) is intended to make micro-purchases (transactions under $10,000) straightforward and free from administrative burdens.

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The federal government wants to teach workers about AI prompt engineering

FedScoop

The credential is more evidence that federal interest in purchasing AI technology continues to grow. The tool is specifically designed to help government acquisition staff evaluate large language models, the type of technology built by OpenAI and Anthropic.

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What is Cooperative Purchasing & How Does it Benefit Public Sector Procurement?

American City & Country

Cooperative purchasing , by combining the needs of many agencies, not only lowers costs but also improves access to quality products and services, simplifies procurement processes, and ensures compliance with regulations. What is Cooperative Purchasing? This reduces the need for bid preparation and evaluation.

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Strategies for Dealing with a Government Shutdown

SmallGovCon

Shuttering of the government (or parts of the government) following appropriations lapses has become an increasingly common phenomenon in recent times. Funding lapses interrupt the usual predictability of government operations, which harms both agencies and federal contractors that are left in limbo with stop work orders.