What is the Micro Purchase limit for construction?

The Micro Purchase limit for construction is established by the Federal Acquisition Regulation (FAR) and is set at $2,000. This limit applies to the acquisition of supplies or services, where the total cost does not exceed this amount, allowing for simpler procurement procedures. The reasoning behind the Micro Purchase threshold is that it facilitates efficient procurement processes for lower-value transactions, ensuring the government's ability to acquire goods and services quickly, while still maintaining accountability and oversight.

In this context, construction-related purchases that fall under this limit can be handled with minimal bureaucratic constraints, fostering maintenance and minor improvement projects without the necessity for more complicated bidding processes that would apply to higher-value contracts. Understanding this limit is crucial for gunners mates involved in operational planning and resource allocation, ensuring compliance with procurement regulations while effectively managing budgets for construction tasks.