Page:United States Statutes at Large Volume 108 Part 4.djvu/704

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108 STAT. 3338 PUBLIC LAW 103-355—OCT. 13, 1994 TITLE IV—SIMPLIFIED ACQUISITION THRESHOLD Subtitle A—Establishment of Threshold SEC. 4001. SIMPLIFIED ACQUISITION THRESHOLD DEFINED. Section 4(11) of the Office of Federal Procurement Policy Act (41 U.S.C. 403(11)) is amended to read as follows: "(11) The term 'simplified acquisition threshold' means $100,000. ". SEC. 4002. ESTABLISHMENT OF SIMPLIFIED ACQUISITION THRESHOLD FOR ARMED SERVICES. (a) ESTABLISHMENT IN TITLE 10.— Chapter 137 of title 10, United States Code, is amended by inserting after section 2302 the following new sections:

    • § 2302a. Simplified acquisition threshold

"(a) SIMPLIFIED ACQUISITION THRESHOLD.— For purposes of acquisitions by agencies named in section 2303 of this title, the simplified acquisition threshold is as specified in section 4(11) of the Office of Federal Procurement Policy Act.". (b) CLERICAL AMENDMENT.— The table of sections at the beginning of such chapter is amended by inserting after the item relating to section 2302 the following new item: "23028. Simplified acquisition threshold.". SEC. 4003. ESTABLISHMENT OF SIMPLIFIED ACQUISITION THRESHOLD FOR CIVILIAN AGENCIES. Title III of the Federal Property and Administrative Services Act of 1949 is amended by inserting after section 302 the following new section: 41 USC 252a. "SEC. 302A. SIMPLIFIED ACQUISITION THRESHOLD. " (a) SIMPLIFIED ACQUISITION THRESHOLD. —For purposes of acquisitions by executive agencies, the simplified acquisition threshold is as specified in section 4(11) of the Office of Federal Procurement Policy Act.". SEC. 4004. SMALL BUSINESS RESERVATION. Section 15(j) of the Small Business Act (15 U.S.C. 644(j)) is amended to read as follows: "(j)(l) Each contract for the purchase of goods and services that has an anticipated value greater than $2,500 but not greater than $100,000 shall be reserved exclusively for small business concerns unless the contracting officer is unable to obtain offers from two or more small business concerns that are competitive with market prices and are competitive with regard to the quality and delivery of the goods or services being purchased. "(2) In carrying out paragraph (1), a contracting officer shall consider a responsive offer timely received from an eligible small business offeror. "(3) Nothing in paragraph (1) shall be construed as precluding an award of a contract with a value not greater than $100,000 under the authority of subsection (a) of section 8 of this Act, section 2323 of title 10, United States Code, section 712 of the