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

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.

professionals

Sign Up for our Newsletter

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

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.

article thumbnail

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

Federal News Network

Raising the micro-purchase threshold One potential solution to these challenges is to raise the micro-purchase threshold, allowing federal agencies greater discretion in engaging directly with small businesses.

article thumbnail

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.

article thumbnail

Inflation Adjustment of Acquisition-Related Thresholds:

Capital Edge Consulting

Review 2024s FAR threshold changes, including simplified acquisition threshold increases and eased subcontracting rules.

article thumbnail

UK Public Procurement Thresholds

Tenders Direct

Details of current UK Public Procurement Thresholds for different types of goods, works and services. Thresholds in effect from 1 January 2022. The post UK Public Procurement Thresholds appeared first on Tenders Direct Blog.