32 C.F.R. § 203.13
Current through November 30, 2024
Procurements will be conducted as purchase orders in accordance with the FAR ( 48 CFR part 13 ). Under these procedures, procurements not exceeding $100,000 are reserved exclusively for small businesses, and will be conducted as competitive procurements. Procurements below a value of $2,500 are considered "micro-purchases." These procurements do not require the solicitation of bids and may be conducted at the discretion of the contracting officer.
32 C.F.R. § 203.13