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1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Unlike traditional competition requirements, these procedures are more streamlined and flexible. Virtual attendance will also be available.
Better technology tools for the contracting workforce: Improving the procurement technology infrastructure in order to create faster vendor onboarding, reduce paper based workflows, improve vendormanagement and improve data-driven decisions.
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