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Procurement Review Guidance

Micro Purchase

The purchasing of supplies/services, equally among qualified vendors, and under the threshold of $3,500. While the federal micro purchase threshold is $3,500, your SFA may choose to set your micro purchase threshold at a lower limit. 

Small Purchase Threshold

The federal small purchase threshold is $150,000. Any purchase above this amount must be done using Formal Procurement Methods. Any purchase below $150,000 may be done using informal Small Purchase methods. While the federal small purchase threshold is $150,000, your SFA may choose to set your small purchase threshold at a lower limit.

Small Purchase

Small purchases follow informal procurement methods and fall at or below your SFA’s Small Purchase Threshold. This means your SFA must attempt to get 3 written or verbal informal price quotes (bids), and choose the best possible price.

Last updated
December 1, 2017

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