GSA Issues Harvey-Related Emergency Buying Power
The General Services Administration has upped special emergency procurement authority thresholds in response to the devastation brought by Hurricane Harvey.
The elevated thresholds, raised through a Senior Procurement Executive memo signed this week, will allow contracting officers and heads of contracting activities to more easily purchase resources they need to provide relief efforts.
The memo allows for micro-purchases of up from $3,000 to $20,000. The memo also increases the simplified acquisition threshold to $750,000, or up to $13 million for commercial items, and increases the simplified lease acquisition to $750,000.