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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

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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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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. The Government Accountability Office’s annual report to Congress on the state of bid protests always is fascinating. million from $4.5

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FAR Council Issues Proposed Rule to Increase Acquisition Thresholds

Redstone Government Consulting

FAR Council proposes increasing acquisition thresholds for inflation, reducing administrative burdens while impacting contractor procurement policies.

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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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Sole Source Justifications are Required for Purchases Over $10,000

Redstone Government Consulting

The Government wants to pay a fair and reasonable price for products and services that they purchase and expects you to pay your suppliers a fair and reasonable price. Well, the purchase becomes sole source – and yes, the requirements have just increased significantly. Oh, if that were only the case.

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What is a Split Purchase in Government Contracting?

Redstone Government Consulting

There is no definition of split purchases in the Federal Acquisition Regulation (FAR) or Defense Federal Acquisition Regulation Supplement (DFARS). However, the Defense Contract Management Agency reviews purchase order files for split purchases during a Contractor Purchasing System Review.