How to Do Business with Treasury
Part II: Simplified Acquisitions
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Simplified Acquisitions is the term given for purchases
between $3,000.00 and $100,000.00. For discussion purposes, we have
broken out this category into two different sections; those purchases
between $3,000.00 and $25,000.00 and those between $25,000.00 and $100,000.00.
Purchases between $3,000.00 and $25,000.00
- Recommended as a "Foot in the Door" to Government Contracts
- Typically Not Formally Publicly Advertised (I.e., No Synopsis in
FedBizOpps
or Advertised on the Bureau Bid Board)
- Government Must Solicit Three Sources (Either Orally or in Writing)
- Purchases Are Reserved Exclusively for Small Business Concerns
- 8(a) Procedures May Be Used [Only One Source Would Be Contacted,
If 8(a)]
Purchases between $25,000.00 and $100,000.00
- Typically Publicly Advertised (i.e., Synopsis in FedBizOpps)
- Purchases Are Reserved Exclusively for Small Business Concerns
- 8(a) Procedures May Be Used (Only One Source Would Be Contacted
and Synopsis Would Not Be Required)
For additional information, please see the Treasury listing of Bureau Simplified Acquisition Contacts.
For the acquisition of services over $25,000 up to $100,000, Treasury has an exception to the above requirement  . Please contact the Bureau Small Business Specialist for further details.
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Updated September 3, 2002
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