2018 Sees Increased Threshold Limits

Did you know the 2018 NDAA increases several threshold limits?  For example, the bill raises the simplified acquisition threshold for the DoD acquisitions to $250,000.  In addition, the threshold for requiring contractors to submit cost or pricing data – when such submission is required – is raised from $500,000 to $1,000,000, while the micro-purchase threshold has been raised from $3,000 to $10,000.