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Government

 

[Under Construction]

GSA Contract # GS-10F-0197P

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Simplified Acquisition Procedure 

Formerly called Small Purchase Procedures, the old small business threshold of $25,000 has been increased to $100,000. All purchases between $2,500 and $100,000 are reserved exclusively for small businesses provided that the Contracting Officer expects to obtain offers from at least two small businesses.

Essentially, this means that the purchasing official or Contracting Officer can simply obtain two quotes from qualified businesses and award to the lowest, qualified bidder with a demonstrated history of successful past performance, with either the Federal government or commercial clients.

Micro-Purchases

Purchases under $2,500, can be made at the sole discretion of the Contracting Officer or purchasing official to either large or small businesses with no competition.

When orders are placed against a GSA Multiple Award Schedule (MAS) contract, they are considered to be issued using full and open competition.

Ordering offices need not:

  • Seek further competition
  • Synopsize the requirement
  • Make a separate determination of fair and reasonable pricing, or
  • Consider small business programs.

By placing an order against a GSA Schedule contract, the ordering office has concluded that the order represents the best value and results in the lowest overall cost alternative (considering price, special features, administrative costs, etc.) to meet the government's needs.


Federal Acquisition Regulation (FAR) 8.4; FAR 6.102(d)(3).


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Last modified: 10/22/07