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Small Purchase

(SIMPLIFIED ACQUISITION PROCEDURES)

-  $150,000 and less

-  Simplified purchasing procedures are utilized.- FAR Part 13 and its supplements apply.- Requirements are not advertised in the Fedbizopps.- Acquisitions valued at $2500 or less do not require competition and are classified as micro-purchase requirements. These requirements are generally purchased using the Government IMPAC card, currently a VISA card.