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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

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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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Inflation Adjustment of Acquisition-Related Thresholds:

Capital Edge Consulting

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

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DOD Issues Final DFARS Rule Implementing Increased Buy American Restrictions for Defense Procurements

Inside Government Contracts

The EO was intended to strengthen the requirements of the Buy American Act (“BAA”) by, among other things, directing the FAR Council to issue new rules increasing the domestic content threshold for determining whether a product qualifies as a domestic end product. Beginning in calendar year 2029, the threshold will be 75 percent.

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FAR Council Issues Proposed Rule to Adjust Acquisition-Related Thresholds for Inflation

Discussions & Clarifications

The Department of Defense, General Services Administration, and NASA issued a proposed rule to adjust several acquisition-related thresholds for inflation. Key increases include the micro-purchase threshold and simplified acquisition threshold, benefiting small businesses and industry overall.

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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.

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EU Public Procurement Thresholds

Tenders Direct

Details of current EU Public Procurement Thresholds for different types of goods, works and services. The post EU Public Procurement Thresholds appeared first on Tenders Direct Blog.