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ACTION | PRESENT THRESHOLDS | NEW THRESHOLDS |
Sealed Bids | > or = $250,000 | > or = $500,000 (Solicitation only unless award made to other than low bidder) |
Negotiated Procurements (Solicitation and Award) |
> or = $100,000 | > or = $250,000 |
Non-competitive awards (includes 8(a) actions) |
> or = $50,000, including options | > or = $100,000, excluding options < or = $2,000,000 |
Letter Contracts | > or = $50,000 | > or = $100,000 |
Settlement Agreements (non litigation) |
> or = $100,000 | No change |
Technical Evaluation Panels | No formal Requirement | Ex officio advisor for contracts > or = $200,000 |
Source: U.S. Census Bureau
Acquisition Division
Created: 12/5/2001
Last Revised: January 30, 2002