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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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We have published SPPN 5/2023 on updates to procurement thresholds

Scottish Government Procurement

We have published a new Scottish Procurement Policy Note (SPPN) on updates to procurement thresholds SPPN 5/2023. This policy note provides changes to financial thresholds to the Public Contracts (Scotland) Regulations 2015, the Utilities Contracts (Scotland) Regulations 2016 and the Concession Contracts (Scotland) Regulations 2016.

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Are You Filing 2023 1099s? You Will Need a Transmitter Control Code (TCC).

Redstone Government Consulting

New Rule for Filing 1099s: The IRS rule TFA 23O1 reduces the electronic filing requirement from a threshold of 250 Information Returns down to 10. Employers must calculate the total number of Information Returns to determine if they meet the threshold, including 1099s, W-2s, 1098s, etc. Yes, you read that correctly.

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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. 8(a)) at any dollar amount. 13 CFR § 125.6. .” 8(a)) at any dollar amount. 13 CFR § 125.6.

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Microsoft’s Azure OpenAI Service lands FedRAMP High authorization

FedScoop

The FedRAMP High designation denotes that the OpenAI services have met a higher security threshold to work with sensitive civilian datasets, including those in the fields of health care, law enforcement, finance and emergency response, among others.

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FAR Council updates whistleblower protection, small business rules

Federal News Network

The changes apply to all solicitations and contracts, including those at or below the Simplified Acquisition Threshold and for commercial-off-the-shelf products and services. Contractors and subcontractors must inform their employees about these whistleblower protections.

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Federal Highway Administration Announces Proposed Rule Ending Longstanding Buy America Waiver for Manufactured Products

Inside Government Contracts

FHWA proposes that the domestic iron and steel in those manufactured products would count towards the 55% domestic component threshold.