Simplified Acquisition
Procurement Methods
Streamlined procurement procedures (FAR Part 13) for purchases up to the simplified acquisition threshold, $350,000 since October 1, 2025. Purchases above the micro-purchase threshold and up to this limit are generally reserved for small businesses.
Source: FAR 2.101 (90 FR 41872)
Related terms
- Micro-purchase
- SAT
- FAR Part 13