Acquisition Thresholds Would Increase With FAR Council’s Proposed Rule
As 2025 approaches, the FAR Council has released its proposed adjusted acquisition thresholds . The proposed adjustment increases the thresholds to account for inflation and the Consumer Price Index. The most heavily used thresholds affected by the proposed increase are the micro-purchase threshold (MPT) and the simplified acquisition threshold (SAT) . While the proposed adjustment affects several acquisition thresholds, it is important to note it does not apply to the Construction Wage Rate Requirements statute (Davis-Bacon Act), Service Contract Labor Standard statute, performance and payment bonds, or trade agreement thresholds. What is the Micro-Purchase Threshold? The proposed rule increases the MPT from $10,000 to $15,000. For purchases at or below the MPT, authorized agency officials can use a Governmentwide commercial purchase card , which is similar to a commercial credit card, to make purchases without solicitin...