article thumbnail

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

SmallGovCon

1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. million to $9.5

article thumbnail

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. Dollar thresholds on the rise Another boost likely is coming for small businesses, this time from the Federal Acquisition Regulations Council.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Even Rules have their Limits, Says SBA OHA about the Nonmanufacturer Rule

SmallGovCon

OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. Generally, the micro-purchase threshold is $10,000, and the simplified acquisition threshold is $250,000. The recent SBA OHA appeal, Chartwell Rx, LLC, SBA No. SIZ-6276 (Apr. 8(a)) at any dollar amount.

article thumbnail

Whose Site Is It Anyway: Trade Groups Challenge DOL’s Prevailing Wage Calculation and Expanded Definition of the Site of Work Under the Davis-Bacon Act

Inside Government Contracts

Semiconductor manufacturers — as well as manufacturers of materials and equipment used to make semiconductors — that seek to take advantage of the incentives established by the CHIPS Act are likewise required to follow the prevailing wage requirements of the DBA.

IT 130
article thumbnail

A Bridge (Not) Too Far: Prohibition on Dividing up Contracts to get Under 8(a) Sole Source Dollar Limit Doesn’t Apply to Bridge Contracts

SmallGovCon

124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 What happens when an agency decides that instead of competing a five-year contract to 8(a) companies, it will just sole source five one-year contracts at the sole source dollar threshold to an 8(a) company?

Contract 115
article thumbnail

Back to Basics: Small Business Sole Source Awards

SmallGovCon

. § 124.506 states that a solicitation must be competed among 8(a) Program participants if there is a reasonable expectation that at least two eligible 8(a) Program participants will submit offers at a fair market price, the anticipated award price will exceed $7 million for manufacturing NAICS and $4.5 million or less for all others.

Price 113
article thumbnail

Back to Basics: The Buy American Act

SmallGovCon

FAR 25.003 defines “Domestic End Product” as, generally, an unmanufactured end product mined or produced in the United States or, if it is manufactured, a product that is commercially-available off the shelf, or where 65% of the cost of its components is made up of components mined, produced, or manufactured in the United States.

Price 105