41 U.S.C. § 1902: Procedures applicable to purchases below micro-purchase threshold

Except as provided in paragraph (2) of this subsection, for purposes of this section, the micro-purchase threshold is $10,000. $10,000; or such higher threshold as determined appropriate by the head of the relevant executive agency and consistent with clean audit findings under chapter 75 of title 31, internal institutional risk assessment, or State law. The head of each executive agency shall ensure that procuring activities of that agency, when awarding a contract with a price exceeding the micro-purchase threshold, comply with the requirements of section 8(a) of the Small Business Act ( 15 U.S.C. 637(a) ) and section 7102 of the Federal Acquisition Streamlining Act of 1994 ( Public Law 103–355 , 15 U.S.C. 644 note). The authority under part 13.106(a)(1) of the Federal Acquisition Regulation (48 C.F.R. 13.106(a)(1)), as in effect on November 18, 1993 , to make purchases without securing competitive quotations does not apply to a purchase with a price exceeding the micro-purchase threshold. An executive agency purchase with an anticipated value of the micro-purchase threshold or less is not subject to section 15(j) of the Small Business Act ( 15 U.S.C. 644(j) ) and chapter 83 of this title. A purchase with a price not greater than the micro-purchase threshold may be made without obtaining competitive quotations if an employee of an executive agency or a member of the armed forces, authorized to do so, determines that the price for the purchase is reasonable. Purchases with a price not greater than the micro-purchase threshold shall be distributed equitably among qualified suppliers. This section shall be implemented through the Federal Acquisition Regulation. $10,000 (as adjusted periodically to account for inflation); or such higher threshold as determined appropriate by the head of the relevant executive agency and consistent with audit findings under chapter 75 of title 31, United States Code, internal institutional risk assessment, or State law. The Uniform Guidance shall be revised to conform with the requirements of this section. For purposes of the preceding sentence, the term ‘Uniform Guidance’ means the uniform administrative requirements, cost principles, and audit requirements for Federal awards contained in part 200 of title 2 of the Code of Federal Regulations.”