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| FAR | RIN: 9000-AN65 | Publication ID: Spring 2018 |
| Title: ●Federal Acquisition Regulation (FAR); FAR Case 2018-004; Increased Micro-Purchase and Simplified Acquisition Thresholds | |
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Abstract:
This is a final rule to amend the FAR to implement sections 805, 806, and 1702(a) of the NDAA for FY 2018. Section 805 increases the micro-purchase threshold (MPT) to $10,000 and limits the use of convenience checks to not more than one half the MPT. Section 806 increases the SAT to $250,000. Section 1702(a) amends section 15(j)(1) of the Small Business Act (15 U.S.C. 644(j)(1)) to replace specific dollar thresholds with the terms micro-purchase threshold and simplified acquisition threshold. |
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| Agency: DOD/GSA/NASA (FAR)(FAR) | Priority: Other Significant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: No | Unfunded Mandates: No |
| EO 14192 Designation: Other | |
| CFR Citation: 48 CFR 2 48 CFR 5 48 CFR 9 48 CFR 13 48 CFR 16 48 CFR 19 48 CFR 25 48 CFR 52 | |
| Legal Authority: 40 U.S.C. 121(c) 10 U.S.C. ch. 137 51 U.S.C. 20113 | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: Federal |
| Small Entities Affected: Businesses, Governmental Jurisdictions | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Information URL: www.regulations.gov | Public Comment URL: www.regulations.gov |
| RIN Data Printed in the FR: Yes | |
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Agency Contact: Michael O. Jackson Procurement Analyst DOD/GSA/NASA (FAR) 1800 F Street, NW, Washington, DC 20405 Phone:202 208-4949 Email: michaelo.jackson@gsa.gov |
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