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These activities include certain solicitation and contract actions. ➢ Congressional notifications are required for release of solicitations at $25 million or more and for contract awards, certain modifications, or terminations at $ 4 million or more.
The contracting officer must synopsize a proposed contract action before issuing any resulting solicitation (see 5.201 and 5.203).
This memorandum approves a class deviation from the Federal Acquisition Regulation (FAR) to increase the Micro-Purchase Threshold (MPT) to $10,000 and the Simplified Acquisition Threshold (SAT) to $250,000 for GSA funded acquisitions. This deviation also raises the Simplified Leasing Acquisition Threshold to $250,000.
The limitations on subcontracting rules generally require that small business prime contractors self-perform 50% of supply and service contracts awarded to them, with lower self-performance percentages for different kinds of construction contracts.
The Simplified Acquisition Threshold (SAT) is the dollar amount in federal acquisition represented by the anticipated award amount of a contract, under which contracting officers are directed to use simplified acquisition procedures to solicit and award the resulting contracts. As of summer 2022, the SAT is $250,000.
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Federal micro-purchase threshold - increased from $3,500 to $10,000 and. Federal simplified acquisition threshold (formerly known as the federal small purchase threshold) -increased from $150,000 to $250,000.
637(e)) and the Office of Federal Procurement Policy Act ( 41 U.S.C. 1708 ), contracting officers must disseminate information on proposed contract actions as follows: (1) For proposed contract actions expected to exceed $25,000, by synopsizing in the GPE (see 5.201).
The Simplified Acquisition Threshold (SAT) is the dollar amount in federal acquisition represented by the anticipated award amount of a contract, under which contracting officers are directed to use simplified acquisition procedures to solicit and award the resulting contracts. As of summer 2022, the SAT is $250,000.

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