Procurement Standards - Subpart D
Effective July 1, 2018, Sponsored Programs Services (SPS) will be implementing new purchasing policies and procedures in order to comply with the procurement requirements (2 CFR 200.318 – 326) of the Office of Management and Budget’s “Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards,” commonly known as “Uniform Guidance.” Uniform Guidance changes focus on ensuring full and open competition and increased transparency in the procurement process. In general, the new Uniform Guidance procurement regulations are more prescriptive than the previous guidance (OBM Circular A-110). Highlights of the changes include:
- Raising the micro-purchase threshold from $3,500 to $10,000.
- Clarification of the Simplified Acquisition threshold from $100,000 to $250,000.
The Office of Federal Financial Management entire memorandum concerning the changes: https://www.whitehouse.gov/wp-content/uploads/2018/06/M-18-18.pdf
For further guidance, we recommend that you read the full text of the procurement sections of Uniform Guidance.