FCC Simplified Acquisition & SAP Procedures Flashcards
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What is the simplified acquisition threshold (SAT) for most federal contracts under FAR Part 13?
Answer: $250,000
The simplified acquisition threshold is $250,000 for most federal acquisitions under FAR Part 13.
Which FAR part primarily governs simplified acquisition procedures (SAP)?
Answer: FAR Part 13
FAR Part 13 establishes the simplified acquisition procedures used for purchases at or below the SAT.
A Blanket Purchase Agreement (BPA) under FAR 13.303 is best described as:
Answer: A simplified method of filling anticipated repetitive needs by establishing charge accounts with qualified sources
A BPA is a charge account arrangement with qualified sources to fill anticipated repetitive needs without issuing a new purchase order each time.
Under SAP, the micro-purchase threshold for most federal acquisitions is:
Answer: $10,000
The micro-purchase threshold is $10,000 for most civilian agencies, allowing purchases without competition.
When using SAP, which of the following is NOT required for purchases between the micro-purchase threshold and the SAT?
Answer: A formal written solicitation with a minimum 30-day response period
SAP does not require a formal 30-day solicitation period; agencies use simplified methods like oral requests for quotes or GSA Advantage.
Under FAR 13.106, for purchases above the micro-purchase threshold, the contracting officer must:
Answer: Solicit at least three sources to promote competition
FAR 13.106 requires soliciting at least three sources to promote competition for purchases above the micro-purchase threshold.