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Simplified
Procedures
The
Federal Acquisition Streamlining Act (FASA) of 1994 is intended to
simplify government buying procedures. It removed many competition
restrictions on government purchases of less than $100,000. Instead
of full and open competition, agencies can now use simplified
procedures for soliciting and evaluating bids up to $100,000.
Government agencies, however, are still required to advertise all
planned purchases over $25,000 in the
Federal Business Opportunities website.
Simplified
procedures require fewer administrative details, lower approval
levels, and less documentation. New procurement reform legislation
requires all federal purchases above $2,500 but under $100,000 to be
reserved for small businesses, unless the contracting officer cannot
obtain offers from two or more small businesses that are competitive
on price, quality and delivery.
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