Tag: office of management and budget

What are Simplified Acquisition Threshold Contracts?

SIMPLIFIED ACQUISITION PROGRAM

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...

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Govkinex: President Obama Plans to Create a “More Innovative” Government for American Businesses

US FEDERAL CONTRACTOR REGISTRATION

President Obama this past week spoke to his staff about correcting issues that have slowed down government procedures. These procedures that President Obama referred to include using newly designed technology to deliver better services and ultimately save the government money....

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Strategic Sourcing Leadership Council Plans to Further Help Small Business in Government Contracting

Government Contracting Tips

Out of the total $500 billion that goes to government contracting, 23% of all of those contracts are devoted small business. Roughly $115 billion are currently set aside for businesses that meet the federal requirements. In an even more fair...

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Small Business Opportunities Arise Under Simplified Acquisition Threshold

US FEDERAL CONTRACTOR REGISTRATION

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...

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