Proposals to Increase Thresholds for Simplified Acquisitions and Micro Purchases
A bill has been introduced that would increase the simplified acquisition procedure (SAP) threshold from $100,000 to $500,000 and the micro-purchase threshold from $3,000 to $5,000. The SAP provides more streamlined procedures for contracting where, for example, documentation for obtaining competitive quotes can be limited to notes in the fi le while micropurchases need not be competed.
