article thumbnail

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. 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.

article thumbnail

Breaking down barriers: The challenges of federal micro-purchases for small businesses

Federal News Network

Despite the innovative solutions they offer, many face significant obstacles when trying to engage with federal agencies, particularly in micro-purchases. The Federal Acquisition Regulation (FAR) 13.201(a) is intended to make micro-purchases (transactions under $10,000) straightforward and free from administrative burdens.

article thumbnail

Veritone, DOJ Ink Blanket Purchase Agreement for AI Software, Services

ExecutiveBiz

All Department of Justice agencies will now be able to purchase artificial intelligence-powered software and professional services from Veritone under a $15 million blanket purchase agreement.

article thumbnail

Exploring Blanket Purchase Agreements (BPAs) in Government Contracting

USFCR

Blanket Purchase Agreements (BPAs) are a key tool that helps achieve these goals. In federal contracting, efficient and flexible procurement processes are essential. Understanding BPAs can offer businesses significant advantages in navigating government contracts.

article thumbnail

Procurement purchasing card perils: Will you be the next headline?

American City & Country

In January, Local 10 news in Miami reported that a former Miami-Dade School Board member used district-issued credit cards to rack up more than $100,000 in personal purchases that included everything from refrigerators to a trip to Disney World.

article thumbnail

Bob Busey Named CACI’s SVP of Supply Chain Management & Purchasing

GovCon Wire

formerly vice president of operations and federal services at i-Link Solutions, has joined CACI International (NYSE: CACI) as senior vice president of supply chain management and purchasing, according to a LinkedIn post published Tuesday. Bob Busey, Jr.,

article thumbnail

The Basics of Purchase Orders: What Contractors Need to Know

USFCR

In federal procurement, not every purchase requires a complex contract. Purchase Orders (POs) offer a simple, efficient solution for small, one-time purchases of goods or services. Understanding how POs work and their role in government contracting can help agencies and contractors streamline their procurement processes.