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Federal Market Intelligence for Small Business |
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GSA: E-comm needs $25K micro-purchasesCongress needs to raise the government’s micro-purchase threshold to $25,000 specifically for purchases made through the e-commerce platforms, according to GSA officials. Existing thresholds would not change for traditional purchases. The change is one of several legislative fixes GSA said it needs to establish e-commerce portals. GSA and OMB just submitted its Phase 1 plan for implementation in fiscal 2019. GSA officials said raising the threshold would allow agencies to take advantage of commercial buying practices, Federal News Radio reported. GSA and OMB also want Congress to allow them to deem purchases “competitive” under the Competition in Contracting Act; have flexibility in determining what constitutes an e-commerce portal; and have authority to enter into contracts with both the portal vendors and the suppliers. In Phase 2, GSA officials said they will examine the potential impacts on Multiple-Award Schedule holders. More information: Federal News Radio report: http://goo.gl/ZAKrd6 Paid within 15 days?House Reps. Steve Knight, R-CA, and Adriano Espaillat, D-NY, introduced legislation sure to be popular with small business vendors: it would order federal agencies to set a goal of paying small business contractors within 15 days of receiving an invoice. Under H.R. 5337, a similar goal also would apply for federal small business subcontractors. The bill is backed by House Small Business Committee Chair Steve Chabot, R-OH, and Ranking Member Nydia Velázquez, D-NY. IT Mod gets $100MThe much-talked-about Modernizing Government Technology Act, signed into law in December 2017, was supposed to set up a $250 million revolving capital fund to help federal agencies update their outdated legacy IT systems. However, the $1.3 trillion omnibus appropriations bill signed by the president only budgeted $100 million for the fund.
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