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Title 2 Part 200 → Subpart A → §200.88

Title 2 → Subtitle A → Chapter II → Part 200 → Subpart A → §200.88

Electronic Code of Federal Regulations e-CFR

Title 2 Part 200 → Subpart A → §200.88

e-CFR data is current as of November 12, 2019

Title 2Subtitle AChapter IIPart 200Subpart A → §200.88


Title 2: Grants and Agreements
PART 200—UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS
Subpart A—Acronyms and Definitions


§200.88   Simplified acquisition threshold.

Simplified acquisition threshold means the dollar amount below which a non-Federal entity may purchase property or services using small purchase methods. Non-Federal entities adopt small purchase procedures in order to expedite the purchase of items costing less than the simplified acquisition threshold. The simplified acquisition threshold is set by the Federal Acquisition Regulation at 48 CFR Subpart 2.1 (Definitions) and in accordance with 41 U.S.C. 1908. As of the publication of this part, the simplified acquisition threshold is $150,000, but this threshold is periodically adjusted for inflation. (Also see definition of §200.67 Micro-purchase.)


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