What is the small purchase threshold 2020?
FAR Case 2018-004 was published July 2, 2020 (85 FR 40064) with an effective date of August 31, 2020. It raised the micro-purchase threshold, as defined at FAR 2.101, to $10,000.
What is a simplified method of filling anticipated repetitive needs?
(a) A blanket purchase agreement (BPA) is a simplified method of filling anticipated repetitive needs for supplies or services by establishing “charge accounts” with qualified sources of supply (see subpart 16.7 for additional coverage of agreements).
What is the current SAP threshold?
Federal simplified acquisition threshold (formerly known as the federal small purchase threshold) -increased from $150,000 to $250,000.
Can the GPC be used for travel and fuel?
The GPC is only for official, mission-related Government purchases. It cannot be used for personal expenses of any kind. References: FAR 13.301, Governmentwide commercial purchase card; and the Department of Defense Government Charge Card Guidebook for Establishing and Managing Purchase, Travel, and Fuel Card Programs.
When do agencies need to use Simplified Acquisition Procedures?
(a) Agencies shall use simplified acquisition procedures to the maximum extent practicable for all purchases of supplies or services not exceeding the simplified acquisition threshold (including purchases at or below the micro-purchase threshold). This policy does not apply if an agency can meet its requirement using-
What is the threshold for a simplified acquisition?
Subpart 13.5 provides special authority for acquisitions of commercial items exceeding the simplified acquisition threshold but which do not exceed $7 million ($13 million for acquisitions as described in Subpart 13.500 (c)), including options.
What is the Simplified Acquisition guide for the Navy?
The Guide provides guidance on some tools available to assist the contracting officer in accomplishing simplified acquisitions. This Guide replaces the NAVSUPINST 4200.85D, Department of Navy Simplified Acquisition Procedures, and its Change Transmittals 1, 2, 3, and 4.
What is the dollar value of a simplified acquisition contract?
Because source selection is less arduous under simplified acquisition, the dollar value of contracts allowable under simplified acquisition theoretically is capped at $250,000 (per Section 805 of the FY18 National Defense Authorization Act).
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