Informal procurement methods. When the value of the procurement for property or services under a Federal award does not exceed the simplified acquisition threshold (SAT), as defined in § 200.1, or a lower threshold established by a non- Federal entity, formal procurement methods are not required. The non-Federal entity may use informal procurement methods to expedite the completion of its transactions and minimize the associated administrative burden and cost. The informal methods used for procurement of property or services at or below the SAT include:
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Samples: Office of Highway Safety Grant Agreement, portlandharbor.org
Informal procurement methods. When the value of the procurement for property or services under a Federal award does not exceed the simplified acquisition ac- quisition threshold (SAT), as defined in § 200.1, or a lower threshold established by a non- non-Federal entity, formal procurement pro- curement methods are not required. The non-Federal entity may use informal infor- mal procurement methods to expedite the completion of its transactions and minimize the associated administrative administra- tive burden and cost. The informal methods used for procurement of property prop- erty or services at or below the SAT includein- clude:
Appears in 1 contract
Samples: www.govinfo.gov
Informal procurement methods. When the value of the procurement for property or services under a Federal award does not exceed the simplified acquisition threshold (SAT), as defined in § §200.1, or a lower threshold established by a non- non-Federal entity, formal procurement methods are not required. The non-Federal entity may use informal procurement methods to expedite the completion of its transactions and minimize the associated administrative burden and cost. The informal methods used for procurement of property or services at or below the SAT include:
Appears in 1 contract