OMB Acquisition Reform Proposal 4 – Uniformity in Procurement Thresholds

Federal SmallBiz Savvy – OMB Acquisition Reform Proposal 4 seeks to bring uniformity to procurement thresholds following the increase of the micro-purchase threshold from $3,000 to $10,000 in the NDAA for FY 2018. A procurement threshold is the lowest level at which you can award a contract as a sole source to one particular company rather than opening it up for competition.