Glossary term
Simplified Acquisition Threshold (SAT)
The dollar ceiling below which agencies may use streamlined procedures instead of full FAR Part 15 competition.
Below the simplified acquisition threshold, agencies use the streamlined procedures in FAR Part 13 — less documentation, faster award, and reserved for small business by default. The threshold is set by regulation and adjusted periodically, so confirm the current figure rather than relying on memory. Acquisitions between the micro-purchase threshold and the SAT are automatically reserved for small business.
Categories
- acquisition
- thresholds
Related terms
- Micro-Purchase Threshold (MPT)The dollar ceiling below which agencies may buy without competition, commonly using a government purchase card.
- FAR (Federal Acquisition Regulation)The primary regulation governing federal executive-agency purchasing — codified at 48 CFR Chapter 1.
- Rule of TwoThe requirement to set an acquisition aside for small business when at least two capable small businesses are expected to bid at fair prices.