The General Services Administration (GSA) is easing purchasing rules to assist with the aftermath of Hurricane Harvey. The micro-purchase threshold is now $20,000, the simplified acquisition threshold has been raised to $750,000, or $13 million for commercial items, and the simplified lease acquisition threshold is now $750,000. “Raising the thresholds will help heads of contracting activities and contracting officers quickly gain access to the resources they need in providing relief efforts,” said the GSA in an announcement.
Full Story: Federal Times
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