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Department of Energy

Increase Federal Acquisition Regulation Dollar Thresholds

A very simple federal cost cutting idea is to further streamline and expedite procurements by increasing Federal Acquisition Regulation dollar thresholds as follows:

 

1. FAR 2.101 - Micro-Purchase Threshold Definition: Replace the $3,000 threshold with $10,000.

 

2. FAR 2.101 - Government Point of Entry: Replace the $25,000 threshold with $100,000.

 

3. FAR 2.101 - Simplified Acquisition Threshold: Replace the $150,000 threshold with $250,000.

 

4. FAR 5.101(a)(1) - Synopsizing in GPE: Replace the $25,000 threshold with $100,000.

 

5. FAR 5.101(a)(2) - Public Display: Replace the $10,000/$25,000 thresholds with $50,000/$100,000.

 

6. FAR 19.805-1(a)(2) - Sole Source Award to 8(a) Firms: Replace the $6.5M/$4M thresholds with $25M/$20M.

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Idea No. 6855