Region 10 Bulletin No: 2018-26 – Increases in the Micro-Purchase and Simplified Acquisition Thresholds

The Office of Management and Budget (OMB) issued a memorandum for chief financial officers and heads of small executive agencies in accordance with recent statutory changes set forth in National Defense Authorization Acts for fiscal years 2017 and 2018.

OMB Memorandum M-18-18 states that the thresholds for micro-purchase and simplified acquisitions are raised to $10,000 and $250,000, respectfully, effective June 20, 2018.

In addition, the U.S. Department of Transportation’s senior procurement executive issued a Departmental Class Deviation to the Federal Acquisition Regulation effective August 6, 2018 under Class Deviation No. CD18-002. The increase applies to DOT acquisitions and grants pursuant to 2 C.F.R. § 200.67 (micro-purchase) and 2 C.F.R. § 200.88 (simplified acquisition), and remains in effect only until the revised thresholds are incorporated in the FAR.

Assisted acquisitions must follow the policies of the customer agency as long as they do not conflict with DOT’s or any other agency’s authority or responsibility. Contracting officers for assisted acquisitions should work with customer agencies to determine if a similar class deviation has been issued. Agencies are required to implement these changes in the terms and conditions of their contractual awards, and recipients of existing federal financial assistance are to implement them in their internal controls.

For more information, contact Region 10's Francis Eugenio at 206-220-7515.

Links:
OMB Memorandum on Changes to Micro-Purchase and the Simplified Acquisition Thresholds
FTA Region 10 Bulletins