The 2017 National Defense Authorization Act will increase the DoD’s micro-purchase threshold to $5,000.
Under the conference bill recently approved by both House and Senate, the DoD’s micro-purchase threshold will be $1,500 greater than the standard micro-purchase threshold applicable to civilian agencies.
A micro-purchase is an acquisition by the government of supplies or services that, because the aggregate is below a certain price, allows the government to use simplified acquisition procedures without having to hold a competition, conduct market research, or set aside the procurement for small businesses. In other words, if the price is low enough, the agency can buy it at Wal-Mart using a government credit card, without running afoul of the law.
Keep reading this article at: http://smallgovcon.com/statutes-and-regulations/2017-ndaa-increases-dods-micro-purchase-threshold-to-5000/