micropurchase

Micropurchase refers to the acquisition of supplies or services in amounts that do not exceed the micro-purchase threshold. In the United States federal government, this threshold is currently set at $10,000 for supplies and services, and $2,500 for construction. The purpose of the micropurchase rule is to simplify and expedite the purchasing process for small-value items, thereby reducing administrative burdens and allowing for quicker acquisition of necessary goods and services.

Micropurchases can be made using simplified acquisition procedures, which are less formal than traditional procurement methods. Generally, these purchases can be made on a sole-source basis, meaning competition is not required. However, purchasers are still expected to distribute micropurchases equitably among qualified suppliers to the extent practicable. Payment for micropurchases is typically made using a government purchase card, also known as a Government Travel Charge Card (GTCC) or Imprest Fund.

The use of micropurchases is intended to facilitate efficient operations, particularly for low-cost, readily available items. While it offers speed and flexibility, it is crucial for contracting officers and authorized personnel to adhere to the established thresholds and ensure that the purchases are indeed for legitimate government needs and that pricing is fair and reasonable. Overarching regulations and agency-specific guidance govern the proper execution of micropurchases to maintain integrity and accountability in government spending.