for all federal purchases above 3000 and under 350000 what type of business is normally chosen as a supplier

Question

Beckham Delgado

Business

5 January, 03:06

for all federal purchases above 3000 and under 350000 what type of business is normally chosen as a supplier

+1

Answers (1)

Know the Answer?

Trace Hansen · Answer 1

See explanation below.

Explanation:

Simplified Acquisition Procedures refer to a set of procedures which the government uses for procurement in the United States. This procedure reduces the administrative burden of awarding procurement below a threshold value, which as of 2019 the Simplified Acquisition Threshold was increased from $150,000 to $250,000.

For federal purchases above $3,000 but under $350,000, the government chooses small businesses as the suppliers.