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Policy & Procedure: Corporate or Non-Profit Indirect Purchases Thresholds

Policy & Procedure: Corporate or Non-Profit Indirect Purchases Thresholds  

  1. 1. What dollar amount is used in policies as the threshold requiring competition and price justification for INDIRECT Purchases? (to support business reasonableness and indirect rate audits)

    • Simplified Acquisition Threshold (currently $150k)
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    • $50,000 please enter a comment with the amount and the reasoning
      0
    • $100,000 please enter a comment with the amount and the reasoning
      0
    • Another amount, please enter a comment with the amount and the reasoning
      0


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Looking at updates to policies and procedures for purchasing and interested in what dollar amount is used in policies as the threshold requiring competition and price justification for INDIRECT Purchases? (to support business reasonableness and indirect rate audits)

Thank you.

 

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I've worked for a few contractor procurement shops and this question makes no sense to me. Competition is never required at any level. It's one way of demonstrating price reasonableness

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