Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds
SmallGovCon
DECEMBER 4, 2024
1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. The Micro-Purchase Threshold would be increased from $10,000 to $15,000. Those micro-purchases, though, do not have to be set aside for small businesses.
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