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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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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.

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Enhancing resource sharing with AWS Outposts

AWS Public Sector

Through a series of intuitive dashboards and control panels, users can effectively manage resource allocation, set thresholds, and track utilization. When a consumers resource usage within the Outpost breaches the soft threshold, the owner account sends an email to the Outposts owner. Amazon S3 on outpost utilization.

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The SBA doubles down on the Rule of Two

Federal News Network

And part of the motivating factor here is that SBA has found that small business utilization on multiple award contracts really is lower. They have large and small companies mixed together under the whole vehicle, right? Dan Ramish: That’s right. The Rule of Two has made a difference. Tom Temin: All right.

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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.