Uniform Guidance:
Implementing Statutory Changes to the
Micro-Purchase and the Simplified Acquisition Thresholds for Financial Assistance
In accordance with recent statutory changes set forth
in the NDAA
, this memorandum raises the threshold for micro-purchases under Federal financial assistance awards to $10,000, and raises the threshold for simplified acquisitions to $250,000 for all recipients. Further, it implements an approval process for certain institutions that want to request micro-purchase thresholds higher than $10,000. Agencies are required to implement these changes in the terms and conditions of their awards, and recipients of existing Federal financial assistance awards may implement them in their internal controls
.