What This Bill Does · Plain English
Summary · Congress.gov
Ensuring Federal Purchasing Efficiency Act This bill requires the Federal Acquisition Regulatory Council to adjust certain acquisition-related dollar thresholds for inflation every three years instead of every five years. For example, the federal government uses less complex procedures for the purchase of property and services valued below the simplified acquisition threshold . Under the bill, this threshold would be adjusted for inflation every three years.
Frequently Asked Questions
Did HR.7283 pass?
HR.7283 is still alive. Current stage: REPORTED. Pass likelihood: pending.
What does HR.7283 do?
Ensuring Federal Purchasing Efficiency Act This bill requires the Federal Acquisition Regulatory Council to adjust certain acquisition-related dollar thresholds for inflation every three years instead of every five years. For example, the federal government uses less complex procedures for the purchase of property and services valued below the simplified acquisition threshold . Under the bill, this threshold would be adjusted for inflation every three years.
Who sponsored HR.7283?
HR.7283 was sponsored by Pat Fallon (R-Texas).
Full Bill Text
Full text not yet indexed for this bill. Check Congress.gov for the official text.
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