Oct. 1 Brings New Benchmarks for Some Federal Acquisition

NOTE: The Alaska PTAC has been renamed as Alaska APEX Accelerator. This change occurred on September 15, 2023. Learn why.

The start of new federal fiscal year 2016 brings statutory inflation adjustments to federal acquisition thresholds, including:

  • the micro-purchase base threshold of $3,000 increases to $3,500;
  • the simplified acquisition threshold of $150,000 remains unchanged;
  • the FedBizOpps preaward and post-award notices remains at $25,000;
  • the threshold for use of simplified acquisition procedures for commercial items goes from $6.5 million to $7 million;
  • the cost or pricing data threshold and the Cost Accounting Standard threshold increase from $700,000 to $750,000;
  • the prime contractor subcontracting plan floor goes from $650,000 to $700,000, and the construction threshold of $1.5 million stays the same; and
  • the threshold for reporting first-tier subcontract information including executive compensation increases from $25,000 to $30,000.

See details at http://www.acq.osd.mil/dpap/dars/change_notices.html