Simplified Acquisition Threshold applies to purchases over $3,000 and under $150,000. If the purchases under $100,000 require less approval and less documentation involved in the purchase. On April 25, 2012, the Office of Management and Budget for the Executive Office...
Tag: executive office of the president
DoD’s Clause Logic Service (CLS) will Improve the Quality and Quantity of Government Contracts for Small Business
After much anticipation the Department of Defense (DoD) has finally released their much awaited web-service that will help refine and broaden procurement efficiency. The main objective for this new web interface is to allow provisions and clauses to DoD procurement...
Government Contracting Cheat Sheet for Abbreviations
SAM = System for Award Management (replaced CCR & ORCA) sam.gov DUNS = Dun & Bradstreet (Business code/credit rating) CAGE = Commercial and Government Entity Code (SAM registration & CAGE are what the government uses to pay your business) NCAGE =NATO Commercial...
Small Business Opportunities Arise Under Simplified Acquisition Threshold
On April 25, 2012, the Office of Management and Budget for the Executive Office of the President released a follow-up memorandum discussing the requirements in the Small Business Act. This release restated how agencies are required to set aside work...