Common use of Simplified Acquisition Threshold Contracts Clause in Contracts

Simplified Acquisition Threshold Contracts. for more than the Simplified Acquisition Threshold (SA) currently set at $250,000 which is the inflation adjusted amount determined by the Civilian Agency Acquisition Council and the Defense Acquisition Regulation Council (Councils) as authorized by 41 U.S.C. 1980, must address administrative, contractual, or legal remedies in instances where contractors violate or breach contract terms, and provide for such sanctions and penalties as appropriate. In any case, contracts in excess of the state’s or state agency threshold must address the foregoing. Any purchase that meets or exceeds the SAT threshold will require additional cost/price analysis by Xxxxx ISD. The supplier may be required to provide additional documentation to support this requirement based on the federal requirements at the time of the purchase.

Appears in 8 contracts

Samples: Purchasing Department, Services Agreement, Services Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.