As of 2024FAR 2.101, 13.201
Detailed Answer
The micro-purchase threshold is the dollar amount below which federal agencies can make purchases without obtaining competitive quotations:
**Current thresholds (2024):**
- General supplies and services: $10,000
- Construction: $2,000
- Higher education research: $10,000
- Services supporting contingency: $20,000
**Key characteristics:**
- No competition required
- Government purchase cards commonly used
- Single quotation sufficient
- Simplified documentation
- Immediate purchase authority for cardholders
**Benefits for small vendors:**
- No proposal writing required
- Quick decisions and fast payment
- No formal solicitation process
- Building relationships with buyers
- Can lead to larger opportunities
**How agencies use micro-purchases:**
- Office supplies and equipment
- Minor repairs and maintenance
- Training and conferences
- Software licenses
- Small equipment purchases
**For contractors:**
- Market directly to purchase cardholders
- GSA Advantage for online visibility
- Focus on convenience and availability
- Competitive pricing still matters
- Build relationships at the user level
**Limitations:**
- Cannot split purchases to stay under threshold
- Must be fair and reasonable prices
- Should rotate among vendors
- Audit trail still required
**Getting micro-purchase business:**
- Register on GSA Advantage if applicable
- Contact agency small business offices
- Attend vendor outreach events
- Focus on quality and responsiveness
Verified Facts
- ✓
Micro-purchase threshold is $10,000 for most supplies and services
Source: FAR 2.101 (verified 2024-01)
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