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GSA, VA, IRS Raise Micropurchase, Simplified Acquisition Thresholds

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The departments of Defense and Veterans Affairs, General Services Administration and the Internal Revenue Service have executed emergency procurement authorities to accelerate contract awards in support of COVID-19 relief efforts, Federal News Network reported Friday.

DoD increased the threshold for sole-source 8(a) contracts from $22M to $100M in compliance with a provision of the fiscal year 2020 National Defense Authorization Act.

VA, GSA and the IRS also raised their simplified acquisition threshold and micropurchase threshold to speed up the process of awarding contracts. The three agencies increased their thresholds for procurements made in the U.S. For acquisitions made overseas, only the IRS and GSA raised their thresholds.

The MPT has been raised to $20K and $30K for procurements made in the U.S. and outside the country, respectively. The agencies increased the SAT to $750K for purchases made within the U.S. For procurements made overseas, the threshold for simplified acquisitions was raised to $1.5M.

The thresholds stay in effect through the end of June or July 1.